HSBC Holdings plc Rating Reiterated by Sanford C. Bernstein (HSBA)
HSBC Holdings plc (LON:HSBA)‘s stock had its “outperform” rating reiterated by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Monday. They currently have a GBX 800 ($13.45) target price on the stock. Sanford C. Bernstein’s price target would suggest a potential upside of 28.01% from the stock’s previous close.
A number of other firms have also recently commented on HSBA. Analysts at BNP Paribas reiterated a “neutral” rating on shares of HSBC Holdings plc in a research note on Thursday. They now have a GBX 675 ($11.35) price target on the stock. Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of HSBC Holdings plc in a research note on Wednesday, June 4th. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of HSBC Holdings plc in a research note on Monday, June 2nd. They now have a GBX 725 ($12.19) price target on the stock. Six investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and thirteen have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of GBX 705.71 ($11.86).
HSBC Holdings plc (LON:HSBA) opened at 626.30 on Monday. HSBC Holdings plc has a 52-week low of GBX 587.40 and a 52-week high of GBX 761.40. The stock’s 50-day moving average is GBX 615.2 and its 200-day moving average is GBX 635.6. The company’s market cap is £120.9 billion.
HSBC Holdings plc (LON:HSBA) is a global banking and financial services organizations.
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