HSBC Holdings plc (LON:HSBA – Get Free Report) has been assigned a consensus rating of “Hold” from the eight analysts that are currently covering the firm, Marketbeat reports. Seven investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is GBX 1,300.50.
A number of equities research analysts have issued reports on the stock. HSBC reaffirmed a “hold” rating and issued a GBX 1,450 price objective on shares of HSBC in a research report on Wednesday, May 6th. UBS Group reissued a “neutral” rating and set a GBX 1,419 target price on shares of HSBC in a research report on Tuesday, May 5th. Jefferies Financial Group reissued a “hold” rating and set a GBX 1,120 target price on shares of HSBC in a research report on Tuesday, May 5th. JPMorgan Chase & Co. increased their target price on shares of HSBC from GBX 1,360 to GBX 1,370 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Shore Capital Group raised shares of HSBC to a “hold” rating and increased their target price for the company from GBX 1,210 to GBX 1,250 in a research report on Thursday, May 7th.
Insider Buying and Selling at HSBC
HSBC Stock Performance
Shares of HSBA stock opened at GBX 1,435 on Wednesday. HSBC has a 52-week low of GBX 880.10 and a 52-week high of GBX 1,653.40. The company has a 50-day simple moving average of GBX 1,367.11 and a two-hundred day simple moving average of GBX 1,285.80. The company has a market capitalization of £246.08 billion, a price-to-earnings ratio of 11.86, a PEG ratio of 5.97 and a beta of 0.58.
HSBC Company Profile
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