Investec Reiterates Hold Rating for HSBC (HBC)
A number of other analysts have also recently weighed in on HBC. Analysts at Berenberg Bank reiterated a “buy” rating on shares of HSBC in a research note on Monday, August 11th. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of HSBC in a research note on Tuesday, August 5th. Finally, analysts at Credit Suisse reiterated an “underperform” rating on shares of HSBC in a research note on Tuesday, August 5th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and eight have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold”.
HSBC Holdings plc (NYSE:HBC) is a global banking and financial services organizations.
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