LSE:DGE.L

Diageo shares sink again — but RBC calls the sell-off “overdone” and sticks with a £20 target
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Diageo shares sink again — but RBC calls the sell-off “overdone” and sticks with a £20 target

Diageo shares closed at £15.20 on Wednesday, down nearly 32% from their 52-week high, after cutting its 2026 sales outlook and halving its interim dividend under new CEO Dave Lewis. RBC maintained a Buy/Outperform rating with a 2,000p target, citing potential for sales and cost improvements despite recent investor concerns. The next trading update is scheduled for May 6.
March 5, 2026

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