Shares of HSBC Holdings plc (LON:HSBA) have earned a consensus recommendation of “Hold” from the twenty-one brokerages that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 712.15 ($9.46).

Several equities research analysts recently commented on HSBA shares. Morgan Stanley set a GBX 850 ($11.29) target price on HSBC Holdings plc and gave the stock a “buy” rating in a research note on Monday, July 17th. Citigroup Inc. reaffirmed a “buy” rating on shares of HSBC Holdings plc in a research note on Friday, July 21st. Jefferies Group LLC started coverage on HSBC Holdings plc in a research note on Monday, September 4th. They set a “buy” rating and a GBX 920 ($12.22) target price for the company. BNP Paribas set a GBX 825 ($10.96) target price on HSBC Holdings plc and gave the stock a “buy” rating in a research note on Thursday, October 5th. Finally, Barclays PLC raised their target price on HSBC Holdings plc from GBX 650 ($8.64) to GBX 700 ($9.30) and gave the stock an “equal weight” rating in a research note on Tuesday, August 1st.

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HSBC Holdings plc (HSBA) opened at 746.10 on Wednesday. The firm’s market capitalization is GBX 151.23 billion. HSBC Holdings plc has a 12 month low of GBX 518.17 and a 12 month high of GBX 772.00. The company has a 50 day moving average price of GBX 737.25 and a 200 day moving average price of GBX 706.60.

The business also recently announced a dividend, which will be paid on Wednesday, November 22nd. Investors of record on Thursday, October 12th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, October 12th. This represents a dividend yield of 1.01%.

In other HSBC Holdings plc news, insider Douglas J. Flint purchased 58 shares of the company’s stock in a transaction that occurred on Wednesday, September 20th. The shares were acquired at an average cost of GBX 724 ($9.62) per share, for a total transaction of £419.92 ($557.96). Also, insider Jonathan Symonds purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The shares were acquired at an average price of GBX 766 ($10.18) per share, for a total transaction of £76,600 ($101,780.49). Insiders have purchased 27,202 shares of company stock worth $20,337,321 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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