FTSE 100 news / Companies and sectors / Diageo / 7 October 2026
Diageo (DGE): news on Wednesday 7 October 2026
−2.3 slightly negative
Coverage centred on the closure of the Guinness Baltimore brewery, the cull of the innovation team in a global restructure and a lower Deutsche Bank price target. Some offsetting commentary pointed to the turnaround plan, new CFO and analyst targets above the current share price.
What drove it
- Baltimore brewery closure
- global restructuring
- analyst price targets
The 13 stories
- −5.8 Guinness to Shutter Baltimore Brewery, Citing Rising Costs and Shifting Demand
Guinness Baltimore brewery closing on rising costs and weaker demand - −5.0 Why Diageo is closing its Guinness Baltimore brewery?
Explains Diageo's closure of Guinness Baltimore brewery - −5.0 Deutsche Bank cuts target for Diageo stock from GBp 1,770 to GBp 1,734
Deutsche Bank trims price target on Diageo - −5.0 Guinness Brewery in Baltimore to "serve its final pint"
Baltimore Guinness brewery to close, final pint coverage - −4.2 Diageo culls breakthrough innovation team as part of global restructure
Innovation team cut in global restructure - −4.2 Stuck near £16, are my Diageo shares dead money?
Shares stuck near £16, questioned as dead money - −3.3 Diageo plc (DEO) Edges Lower to $83.97 as Shares Drift Toward Support Zone - Fibonacci Arc
Share price edging lower toward support zone - +3.3 The oldest Lagavulin cask ever headlines ‘The Twelve’ by Casks of Distinction
Lagavulin, a Diageo brand, features in a prestigious cask release - +3.3 Can Diageo stock break GBX1,600 resistance as restructuring and new CFO drive momentum?
Restructuring and new CFO seen supporting momentum, resistance ahead - +2.5 What Does Diageo (LSE:DGE) Turnaround Plan Mean For Dividend Followers As Its Ex-Dividend Date Nears With FTSE 100 In Focus?
Turnaround plan and approaching ex-dividend date for investors - +2.5 Diageo plc (NYSE:DEO) Stock Has Average Price Target of $105.33 According to Analysts
Analyst average price target well above current share price - +0.8 Lazola Sikupela Promoted to HR Director – Africa at Diageo
Routine internal promotion at Diageo Africa, minor news - +0.8 Royal Challenge Packaged Drinking Water Unveils a Limited-Edition Sneaker Designed by Gully Labs for...
Royal Challenge water brand sneaker promotion, minor marketing
Diageo: every day · Consumer staples on 7 October 2026 · FTSE 100 overview for the day