HSBC Holdings plc’s “Add” Rating Reaffirmed at Numis Securities Ltd (HSBA)
HSBC Holdings plc (LON:HSBA)‘s stock had its “add” rating reaffirmed by investment analysts at Numis Securities Ltd in a note issued to investors on Tuesday. They currently have a GBX 725 ($12.35) price objective on the stock. Numis Securities Ltd’s price objective points to a potential upside of 22.29% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of HSBC Holdings plc in a research note on Friday. They now have a GBX 550 ($9.37) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of HSBC Holdings plc in a research note on Friday. They now have a GBX 640 ($10.90) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of HSBC Holdings plc in a research note on Friday. They now have a GBX 650 ($11.07) price target on the stock. Six equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and thirteen have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of GBX 696.12 ($11.86).
HSBC Holdings plc (LON:HSBA) opened at 596.70 on Tuesday. 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 616.8 and its 200-day moving average is GBX 627.6. The company’s market cap is £115.2 billion.
HSBC Holdings plc (LON:HSBA) is a global banking and financial services organizations.
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