HSBC Receives Average Rating of “Hold” from Analysts (NYSE:HBC)
HSBC (NYSE:HBC) has received a consensus recommendation of “Hold” from the nineteen brokerages that are covering the stock, Analyst Ratings Net reports. Two analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and nine have given a buy recommendation to the company.
A number of research firms have recently commented on HBC. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of HSBC in a research note on Tuesday. Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of HSBC in a research note on Tuesday. Finally, analysts at Canaccord Genuity reiterated a “buy” rating on shares of HSBC in a research note on Tuesday.
HSBC Holdings plc (NYSE:HBC) is a global banking and financial services organizations.
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