HSBC Holdings plc’s Outperform Rating Reaffirmed at Sanford C. Bernstein (HSBA)
HSBC Holdings plc (LON:HSBA)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Thursday. They currently have a GBX 800 ($13.28) price target on the stock. Sanford C. Bernstein’s price objective suggests a potential upside of 21.60% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “underperform” rating on shares of HSBC Holdings plc in a research note on Wednesday. They now have a GBX 550 ($9.13) price target on the stock. Separately, analysts at Investec reiterated a “hold” rating on shares of HSBC Holdings plc in a research note on Monday. Finally, 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. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 682.27 ($11.32).
HSBC Holdings plc (LON:HSBA) opened at 654.813 on Thursday. HSBC Holdings plc has a 52-week low of GBX 585.00 and a 52-week high of GBX 737.00. The stock has a 50-day moving average of GBX 632.1 and a 200-day moving average of GBX 618.. The company’s market cap is £120.4 billion.
HSBC Holdings plc (LON:HSBA) is a global banking and financial services organizations.
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