Diageo stock trades weaker on August 26, 2026 as investors digest planned layoffs at its Cameronbrid

Harvey Jones runs the rule over two troubled FTSE 100 giants, to work out whether BT shares have more to offer investors than Diageo.

Jon Smith talks through the tumble.in the Diageo share price but explains why the stock could do well in the coming year.

Explore why Diageo plc (LSE:DGE) is active in the latest UK consumer stocks news as announcements and market leadership reshape the sector narrative.

Diageo stock fell 1.8% to 17.39 GBP in London on August 25, 2026, with trading volume of 108,092 sha

Diageo stock is firmer on August 24, 2026, after RBC reiterated its Outperform view and a £20 target

Strauss Borrelli PLLC, a leading class action law firm, is investigating Diageo North America, Inc. ("Diageo") in New York, New York regarding its recent potential mass layoff.

Hope springs eternal and Harvey Jones still believes in the Diageo share price. He decided to find out if artificial intelligence is a believer too.

RBC Capital Markets has kept an 'Outperform' rating on Diageo PLC, supporting CEO Sir Dave Lewis's turnaround strategy unveiled in August 2026. The plan focuses on cost savings and organizational changes to boost pricing, revenue management, and ready-to-drink products without a major margin reset. RBC forecasts a 230 basis point EBIT margin increase by 2029 and expects organic sales growth to recover gradually through 2029. The broker highlights improving return on invested capital as key to Diageo's share price, projecting an 18% upside to a £20 price target from the current 1,719p price.