HSBC’s Hold Rating Reaffirmed at Deutsche Bank (HBC)
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of HSBC in a research note on Friday. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of HSBC in a research note on Friday. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of HSBC in a research note on Thursday, June 5th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $60.00.
HSBC Holdings plc (NYSE:HBC) is a global banking and financial services organizations.