Is the sun finally about to return for Diageo? Analysts at Nomura have upgraded their rating for the global drinks giant from 'neutral' to 'buy' after meetings with the company reassured them that the company's ‘bad newsflow’ is abating and that growth would see a recovery in fiscal-2016.
Analysis – Storm clouds lift over Diageo Towers
Is the sun finally about to return for Diageo? Analysts at Nomura have upgraded their rating for the global drinks giant from 'neutral' to 'buy' after meetings with the company reassured them that the company's ‘bad newsflow’ is abating and that growth would see a recovery in fiscal-2016.
June 24, 2015