Broker Recommendations

RBC Capital upgrades Diageo to 'outperform'

By Michele Maatouk

Date: Tuesday 06 Jan 2026

(Sharecast News) - RBC Capital Markets upgraded Diageo on Tuesday to 'outperform' from 'sector perform', keeping the cash flow derived price target at 2,000p.
The bank said Diageo enjoys an "enviable stable" of brands across multiple price points.

"We think that reviving the neglected mainstream is the key to Diageo...

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