Diageo traded at $87.21 this Wednesday September 16th, decreasing $2.85 or 3.16 percent since the previous trading session. Looking back, over the last four weeks, Diageo lost 5.02 percent. Over the last 12 months, its price fell by 11.95 percent. Looking ahead, we forecast Diageo to be priced at 88.36 by the end of this quarter and at 83.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Diageo plc is a United Kingdom-based international manufacturer and distributor of premium drinks. It also owns various investments in associates and joint ventures. The Company has a portfolio of approximately 200 brands and sales in 180 countries. Its segments include North America, Europe, Asia Pacific, Latin America and Caribbean, Africa, Supply Chain and Procurement (SC&P), and Corporate and other. The C&P segment manufactures products and includes production sites in the United Kingdom, Ireland, Italy, Guatemala and Mexico, as well as comprises the global procurement function. Its principal products include scotch whisky, other whisk(e)y, vodka, tequila, gin, rum, liqueurs, beer, wine, and no and low alcohol. The Company’s collection of brands includes Johnnie Walker, Crown Royal, J&B and Buchanan''s whiskies, Smirnoff, Ciroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, and Tanqueray, among others. It also offers Ritual Zero Proof Non-Alcoholic Spirits (Ritual).