HSBC Holdings plc Given “Overweight” Rating at Barclays (HSBA)
Other equities research analysts have also recently issued reports about the stock. Analysts at Mediobanca SpA reiterated an “outperform” rating on shares of HSBC Holdings plc in a research note on Thursday. They now have a GBX 596 ($10.22) price target on the stock. Separately, analysts at Investec cut their price target on shares of HSBC Holdings plc from GBX 640 ($10.98) to GBX 620 ($10.63) in a research note on Wednesday. They now have a “hold” rating on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of HSBC Holdings plc in a research note on Monday. They now have a GBX 800 ($13.72) price target on the stock. Six investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and twelve have assigned a buy rating to the stock. HSBC Holdings plc has a consensus rating of “Hold” and a consensus target price of GBX 693.43 ($11.89).
Shares of HSBC Holdings plc (LON:HSBA) traded down 1.26% during mid-day trading on Thursday, hitting GBX 589.00. 21,115,108 shares of the company’s stock traded hands. HSBC Holdings plc has a one year low of GBX 587.40 and a one year high of GBX 761.40. The stock’s 50-day moving average is GBX 613.2 and its 200-day moving average is GBX 625.3. The company’s market cap is £113.7 billion.
HSBC Holdings plc (LON:HSBA) is a global banking and financial services organizations.
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