HSBC Rating Reiterated by BNP Paribas (HBC)
HSBC (NYSE:HBC)‘s stock had its “neutral” rating reaffirmed by analysts at BNP Paribas in a research report issued to clients and investors on Friday, Analyst Ratings Net reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of HSBC in a research note to investors on Friday, January 24th. Separately, analysts at Goldman Sachs Group Inc. reiterated a “conviction-buy” rating on shares of HSBC in a research note to investors on Monday, January 20th. Finally, analysts at Investec reiterated a “buy” rating on shares of HSBC in a research note to investors on Friday, January 17th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. HSBC currently has an average rating of “Buy” and a consensus target price of $450.00.
HSBC Holdings plc is a banking and financial services organization. It serves around 89 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.