HSBC Holdings plc (LON:HSBA – Get Free Report) insider Elizabeth Alison Platt acquired 12,338 shares of the company’s stock in a transaction dated Thursday, October 29th. The shares were bought at an average cost of GBX 1,297 per share, with a total value of £160,023.86.
HSBC Stock Performance
HSBA stock traded down GBX 22 during trading on Friday, hitting GBX 1,270.60. 196,009,125 shares of the company traded hands, compared to its average volume of 24,027,623. The firm has a market capitalization of £217.36 billion, a PE ratio of 9.08, a P/E/G ratio of 5.97 and a beta of 0.58. The company has a 50-day moving average of GBX 1,470.36 and a 200-day moving average of GBX 1,383.69. HSBC Holdings plc has a 1 year low of GBX 1,027.80 and a 1 year high of GBX 1,610.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. raised their price target on shares of HSBC from GBX 1,380 to GBX 1,450 and gave the company a “neutral” rating in a research report on Friday, August 7th. Royal Bank Of Canada increased their price target on HSBC from GBX 1,275 to GBX 1,375 and gave the stock a “sector perform” rating in a report on Friday, August 14th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 1,120 target price on shares of HSBC in a research report on Tuesday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 1,520 target price on shares of HSBC in a report on Wednesday, August 5th. Finally, 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 research report on Wednesday, September 23rd. Eight equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of GBX 1,403.
Read Our Latest Report on HSBA
HSBC Company Profile
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