Diageo stock slips after Deutsche Bank cuts its target

Published on 09/16/2026 at 18:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Deutsche Bank cut its Diageo stock target to 1,734 pence on September 16, 2026. The shares traded at 16.03 GBP at 09:28 in London, down 0.4 percent.

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Diageo stock (ISIN GB0002374006) fell to 16.03 GBP at 09:28 in London on September 16, 2026, after Deutsche Bank cut its target to 1,734 pence and kept the rating at Hold. The shares had traded as low as 15.96 GBP and changed hands in 61,699 shares by that point.

Target cut, stance unchanged

According to finanzen.ch, Deutsche Bank Research lowered the price target from 1,770 pence to 1,734 pence on September 16, 2026, while analyst Mitch Collett left the rating at Hold. The same report also showed a London price of 15.99 GBP and an intraday move of minus 1.28 percent at 11:16:21.

That leaves the stock close to the upper end of its recent band: finanzen.ch listed a 52-week high of 19.04 GBP on February 25, 2026 and a 52-week low of 13.51 GBP on March 24, 2026. The current quote of 16.03 GBP sits 15.81 percent below the high and 18.65 percent above the low.

Operating trend still matters

On September 16, 2026, TradersUnion cited Diageo net sales of USD 19.643 billion for the reporting period, down 3 percent year on year, while organic operating profit rose 2 percent and underlying organic sales fell 2 percent. That mix points to a company still working through weaker demand even as efficiency gains support profit.

Yahoo Finance showed Q4 FY26 revenue of USD 4.71 billion for Diageo plc on September 16, 2026, and also displayed analyst price targets with an average of 1,609.00 and a high of 2,510.50. On the same page, the annual revenue estimate for 2027 stood at USD 19.15 billion, versus USD 19.64 billion in the year-ago sales line.

London quote near 16 GBP

Diageo shares were quoted at 16.03 GBP in London on September 16, 2026, after moving between 15.96 GBP and 16.03 GBP during the session. The FTSE 100 was at 10,696 points at the same time.