HSBC Holdings plc (LON:HSBA) has been assigned a GBX 725 ($9.41) target price by equities researchers at UBS AG in a report issued on Friday, www.boersen-zeitung.de reports. The firm currently has a “neutral” rating on the financial services provider’s stock. UBS AG’s target price suggests a potential downside of 1.76% from the stock’s previous close.

Other equities research analysts also recently issued research reports about the stock. Berenberg Bank downgraded shares of HSBC Holdings plc to a “hold” rating and set a GBX 600 ($7.79) price target for the company. in a research report on Tuesday, July 4th. Citigroup Inc. restated a “buy” rating on shares of HSBC Holdings plc in a research report on Friday, July 21st. J P Morgan Chase & Co restated a “neutral” rating and issued a GBX 690 ($8.96) price target on shares of HSBC Holdings plc in a research report on Friday, June 30th. Goldman Sachs Group, Inc. (The) restated a “neutral” rating and issued a GBX 755 ($9.80) price target on shares of HSBC Holdings plc in a research report on Wednesday, July 26th. Finally, Credit Suisse Group set a GBX 630 ($8.18) price target on shares of HSBC Holdings plc and gave the company a “neutral” rating in a research report on Monday, July 31st. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of GBX 682.40 ($8.86).

HSBC Holdings plc (LON:HSBA) opened at 730.50 on Friday. The firm’s market capitalization is GBX 148.07 billion. The firm has a 50-day moving average price of GBX 742.14 and a 200 day moving average price of GBX 686.87. HSBC Holdings plc has a one year low of GBX 518.17 and a one year high of GBX 772.00.

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In other news, insider Jonathan Symonds bought 10,000 shares of the stock in a transaction that occurred on Tuesday, August 1st. The shares were acquired at an average cost of GBX 766 ($9.94) per share, for a total transaction of £76,600 ($99,441.78). Also, insider Marc Moses bought 17,083 shares of the stock in a transaction that occurred on Monday, August 14th. The stock was purchased at an average price of GBX 737 ($9.57) per share, for a total transaction of £125,901.71 ($163,445.03). Insiders purchased a total of 27,147 shares of company stock worth $20,295,206 over the last quarter.

About HSBC Holdings plc

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.

Analyst Recommendations for HSBC Holdings plc (LON:HSBA)

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