HSBC Holdings plc (LON:HSBA) has been assigned a GBX 825 ($10.94) price objective by analysts at BNP Paribas in a note issued to investors on Thursday. The brokerage currently has a “buy” rating on the financial services provider’s stock. BNP Paribas’ price target points to a potential upside of 10.15% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Citigroup Inc. reissued a “buy” rating and set a GBX 725 ($9.62) price objective on shares of HSBC Holdings plc in a research note on Friday, June 16th. Morgan Stanley set a GBX 850 ($11.27) price objective on shares of HSBC Holdings plc and gave the stock a “buy” rating in a research note on Monday, July 17th. Jefferies Group LLC initiated coverage on shares of HSBC Holdings plc in a research note on Monday, September 4th. They set a “buy” rating and a GBX 920 ($12.20) price objective for the company. Barclays PLC raised their price objective on shares of HSBC Holdings plc from GBX 650 ($8.62) to GBX 700 ($9.29) and gave the stock an “equal weight” rating in a research note on Tuesday, August 1st. Finally, Deutsche Bank AG reissued a “hold” rating and set a GBX 640 ($8.49) price objective on shares of HSBC Holdings plc in a research note on Wednesday, July 5th. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of GBX 708.40 ($9.40).

HSBC Holdings plc (LON:HSBA) opened at 747.60 on Thursday. The stock’s 50 day moving average price is GBX 734.59 and its 200 day moving average price is GBX 700.94. HSBC Holdings plc has a one year low of GBX 518.17 and a one year high of GBX 772.00. The firm’s market capitalization is GBX 151.53 billion.

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In other HSBC Holdings plc news, insider Jonathan Symonds bought 10,000 shares of HSBC Holdings plc stock in a transaction that occurred on Tuesday, August 1st. The shares were acquired at an average price of GBX 766 ($10.16) per share, for a total transaction of £76,600 ($101,604.99). Also, insider Stuart Thomson Gulliver sold 138,143 shares of HSBC Holdings plc stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of GBX 732 ($9.71), for a total transaction of £1,011,206.76 ($1,341,300.92). In the last quarter, insiders acquired 27,202 shares of company stock worth $20,337,321.

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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