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The latest announcement is out from Diageo ( (GB:DGE) ).
Diageo Finance plc has announced the issuance of EUR 1 billion in fixed-rate instruments under its European Debt Issuance Programme, guaranteed by Diageo plc. This issuance, consisting of two tranches due in 2032 and 2037, reflects Diageo’s strategic financial management and may impact its market positioning by potentially enhancing liquidity and financial flexibility.
The most recent analyst rating on (GB:DGE) stock is a Buy with a £2050.00 price target. To see the full list of analyst forecasts on Diageo stock, see the GB:DGE Stock Forecast page.
Spark’s Take on GB:DGE Stock
According to Spark, TipRanks’ AI Analyst, GB:DGE is a Neutral.
Diageo’s overall stock score is driven by strong financial performance, despite challenges in profitability and cash flow stability. The technical analysis indicates a bearish trend, and the valuation suggests potential overvaluation. The dividend yield offers some appeal to income investors.
To see Spark’s full report on GB:DGE stock, click here.
More about Diageo
Diageo is a global leader in the beverage alcohol industry, offering a diverse portfolio of brands across spirits and beer categories, including Johnnie Walker, Smirnoff, and Guinness. The company operates in nearly 180 countries and is listed on both the London and New York Stock Exchanges.
Average Trading Volume: 4,557,509
Technical Sentiment Signal: Sell
Current Market Cap: £39.8B
See more data about DGE stock on TipRanks’ Stock Analysis page.