Diageo plc [DEO] Stock Forecast

Diageo PLC (LSE:DGE) remained confident of delivering medium-term targets despite a challenging operating environment. The spirits maker, which owns Johnnie Walker, Smirnoff and Guinness, said it was well-positioned to deliver its medium-term guidance for financial 2023 to financial 2025 of organic net sales growth consistently in the range of 5% to 7% and organic operating profit growth sustainably in the range of 6% to 9%.

When you hear consumer stocks in an environment like this one, you automatically think of the negatives. After all, consumers are in a sticky situation as they grapple with persistently high inflation, wages that can't keep up, and the threat of a prolonged recession.

In a climate of rising inflation and tightening monetary policy, investors are on the hunt for stocks that can withstand economic turbulence. Mark Nelson, senior equity analyst at Killik & Co, offers a curated list of five stocks that stand as bastions of resilience: RELX, SSE, Diageo, TJX, and Universal Music Group.

Investors looking for stocks in the Beverages - Alcohol sector might want to consider either Ambev (ABEV) or Diageo (DEO). But which of these two stocks is more attractive to value investors?

Diageo (DEO) looks poised for growth on a solid business momentum, driven by premiumization efforts, recovery across markets, pricing actions and supply productivity savings amid inflation woes.

Analysts at JP Morgan are getting twitchy over equity markets for the remainder of the year and so are going full-on defensive with their stock choices. Consumer staples with pricing power have proved their worth over the past six months and are likely to do so again, says the US bank, which highlights two-thirds of forms in the sector beat forecast sales and margins in the first half of this year.

Investors interested in stocks from the Beverages - Alcohol sector have probably already heard of Ambev (ABEV) and Diageo (DEO). But which of these two stocks presents investors with the better value opportunity right now?

Halfway through August, it's been a crazy summer for the beer industry. While painful to watch, the entire Bud Light brouhaha has brought into focus some of the best beer stocks to buy on the planet.

Diageo is the largest holding and distributor of alcoholic beverages, with a diverse portfolio of renowned brands. The company is focused on premiumization and expanding its presence in fast-growing segments like tequila. Diageo aims to gain market share in the highly fragmented alcoholic beverages market through disciplined capital allocation and strategic acquisitions.

Diageo's (DEO) fiscal 2023 results reflect gains from a robust portfolio of brands, a diversified presence, cost productivity savings and premiumization.

Diageo plc is a GB stock and trading under the symbol DEO

1 stock analysts have 1 predictions with a medium analyst target price of $225. The lowest prediction is $225 and the highest is $225

Diageo plc stock price is $149.79 today.

Yes, Diageo plc is a publicly traded company.