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HSBC (NYSE:HBC)‘s stock had its “underperform” rating reaffirmed by analysts at Credit Suisse in a research report issued to clients and investors on Friday.

HBC has been the subject of a number of other recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of HSBC in a research note on Friday. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of HSBC in a research note on Thursday, June 5th. Finally, analysts at Numis Securities Ltd reiterated an “add” rating on shares of HSBC in a research note on Monday, June 2nd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $60.00.

HSBC Holdings plc (NYSE:HBC) is a global banking and financial services organizations.

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