HSBC Holdings plc’s Hold Rating Reiterated at Investec (HSBA)
A number of other analysts have also recently weighed in on HSBA. Analysts at Nomura reiterated a “neutral” rating on shares of HSBC Holdings plc in a research note on Thursday, August 14th. They now have a GBX 705 ($11.70) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of HSBC Holdings plc in a research note on Tuesday, August 12th. They now have a GBX 800 ($13.28) price target on the stock. Finally, analysts at Berenberg Bank reiterated a “buy” rating on shares of HSBC Holdings plc in a research note on Friday, August 8th. They now have a GBX 790 ($13.11) price target on the stock. Four investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating to the company’s stock. HSBC Holdings plc has a consensus rating of “Hold” and an average target price of GBX 682.27 ($11.32).
Shares of HSBC Holdings plc (LON:HSBA) opened at 646.50 on Monday. HSBC Holdings plc has a 52 week low of GBX 585.00 and a 52 week high of GBX 737.00. The stock’s 50-day moving average is GBX 627. and its 200-day moving average is GBX 618.6. The company’s market cap is £118.9 billion.
HSBC Holdings plc (LON:HSBA) is a global banking and financial services organizations.
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