HSBC Holdings plc (LON:HSBA) Stock Has Consensus Price Target of GBX 1,403

Shares of HSBC Holdings plc (LON:HSBA – Get Free Report) have been given a consensus recommendation of “Hold” by the eight ratings firms that are covering the stock, MarketBeat reports. Eight research analysts have rated the stock with a hold recommendation. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 1,403.

A number of research firms have recently weighed in on HSBA. Citigroup boosted their target price on shares of HSBC from GBX 1,570 to GBX 1,640 and gave the stock a “neutral” rating in a report on Wednesday, September 23rd. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 1,120 price target on shares of HSBC in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 1,520 price objective on shares of HSBC in a research note on Wednesday, August 5th. JPMorgan Chase & Co. lifted their target price on HSBC from GBX 1,380 to GBX 1,450 and gave the stock a “neutral” rating in a report on Friday, August 7th. Finally, Royal Bank Of Canada boosted their target price on HSBC from GBX 1,275 to GBX 1,375 and gave the company a “sector perform” rating in a research report on Friday, August 14th.

Read Our Latest Research Report on HSBC

HSBC Price Performance

HSBC stock opened at GBX 1,442.20 on Friday. HSBC has a 52-week low of GBX 959.29 and a 52-week high of GBX 1,610. The firm’s fifty day moving average is GBX 1,529.74 and its 200 day moving average is GBX 1,419.58. The company has a market cap of £247.06 billion, a price-to-earnings ratio of 10.30, a PEG ratio of 5.97 and a beta of 0.58.

HSBC Company Profile

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Analyst Recommendations for HSBC (LON:HSBA)

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