Media stories about HSBC (NYSE:HSBC) have been trending somewhat positive on Saturday, Accern reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. HSBC earned a media sentiment score of 0.01 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 46.1875737524057 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- HSBC bosses grilled on bank’s gender pay gap, diversity (thedailystar.net)
- HSBC Malta announces investment to transform flagship corporate banking sector (independent.com.mt)
- HSBC: ECRL may be delayed if Opposition win GE14 (nst.com.my)
- HSBC faces protests at AGM over investments in arms companies supplying Israeli government (independent.co.uk)
- HSBC CEO Says Overhaul Strategy ‘Is Working’ (wsj.com)
Several research firms recently weighed in on HSBC. ValuEngine raised HSBC from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. BNP Paribas cut HSBC from an “outperform” rating to a “neutral” rating in a report on Wednesday, January 17th. Deutsche Bank reaffirmed a “neutral” rating on shares of HSBC in a report on Friday, February 9th. Credit Suisse Group raised HSBC from an “underperform” rating to a “neutral” rating in a report on Thursday. Finally, Morgan Stanley reaffirmed a “buy” rating on shares of HSBC in a report on Tuesday, February 13th. Twelve analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $31.50.
NYSE HSBC traded up $0.21 during midday trading on Friday, hitting $49.62. The company had a trading volume of 1,267,379 shares, compared to its average volume of 1,684,977. The stock has a market capitalization of $197,749.59, a PE ratio of 47.71, a P/E/G ratio of 2.20 and a beta of 0.96. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.93 and a quick ratio of 0.93. HSBC has a twelve month low of $39.89 and a twelve month high of $55.89.
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HSBC Holdings plc provides banking and financial products and services. The company operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking segments. The Retail Banking and Wealth Management segment offers personal banking products and services, mortgages and loans, credit cards, insurance and investment products, savings products, international services, and wealth solutions and financial planning services, as well as telephone, Internet, and mobile banking services.
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