HSBC Holdings plc’s “Hold” Rating Reaffirmed at Liberum Capital (HSBA)
HSBC Holdings plc (LON:HSBA)‘s stock had its “hold” rating reaffirmed by Liberum Capital in a research note issued on Friday, Analyst Ratings Network reports.
Shares of HSBC Holdings plc (LON:HSBA) traded up 1.15% during mid-day trading on Friday, hitting GBX 632.20. 27,620,988 shares of the company’s stock traded hands. HSBC Holdings plc has a one year low of GBX 587.40 and a one year high of GBX 772.50. The stock has a 50-day moving average of GBX 610.2 and a 200-day moving average of GBX 642.5. The company’s market cap is £122.0 billion.
A number of other firms have also recently commented on HSBA. Analysts at Macquarie reiterated an “outperform” rating on shares of HSBC Holdings plc in a research note on Friday. They now have a GBX 680 ($11.45) price target on the stock. Separately, analysts at Credit Suisse cut their price target on shares of HSBC Holdings plc from GBX 580 ($9.77) to GBX 550 ($9.26) in a research note on Wednesday. They now have an “underperform” rating on the stock. Finally, analysts at Societe Generale reiterated a “buy” rating on shares of HSBC Holdings plc in a research note on Thursday, May 8th. They now have a GBX 760 ($12.80) price target on the stock. Six research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and thirteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 701.52 ($11.82).
HSBC Holdings plc (LON:HSBA) is a global banking and financial services organizations.
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