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HSBC (NYSE:HBC)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Citigroup Inc. in a research note issued to investors on Friday.

Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of HSBC in a research note on Thursday, June 5th. Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of HSBC in a research note on Wednesday, June 4th. 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 given a hold rating and eleven have issued a buy rating to the stock. The stock presently has a consensus 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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