Diageo share price today: DGE stock slips after HSBC downgrade — what investors watch next
Diageo shares slipped 0.1% to 1,563.5 pence in early London trading Wednesday, near a 52-week low after last week’s dividend cut and guidance downgrade. HSBC downgraded the stock to “hold,” citing ongoing U.S. weakness, while TD Cowen trimmed its price target. Shares have fallen 27% in the past year. Next updates are expected at the April ex-dividend date and May 6 trading statement.