HSBC Holdings plc (LON:HSBA)‘s stock had its “hold” rating reissued by investment analysts at Deutsche Bank AG in a research note issued to investors on Tuesday. They currently have a GBX 737 ($9.73) price objective on the financial services provider’s stock. Deutsche Bank AG’s target price suggests a potential downside of 0.87% from the company’s previous close.

Several other equities analysts have also recently commented on HSBA. UBS AG set a GBX 680 ($8.97) target price on shares of HSBC Holdings plc and gave the company a “neutral” rating in a research note on Wednesday, June 28th. J P Morgan Chase & Co reissued a “neutral” rating and set a GBX 690 ($9.11) target price on shares of HSBC Holdings plc in a research note on Tuesday. Goldman Sachs Group, Inc. (The) set a GBX 790 ($10.42) target price on shares of HSBC Holdings plc and gave the company a “neutral” rating in a research note on Friday, August 11th. Barclays PLC restated a “hold” rating and set a GBX 600 ($7.92) price objective on shares of HSBC Holdings plc in a research report on Wednesday, September 27th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 600 ($7.92) price objective on shares of HSBC Holdings plc in a research report on Thursday, September 28th. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have assigned a buy rating to the company. HSBC Holdings plc has an average rating of “Hold” and an average price target of GBX 712.15 ($9.40).

Shares of HSBC Holdings plc (LON:HSBA) opened at 745.70 on Tuesday. HSBC Holdings plc has a one year low of GBX 518.17 and a one year high of GBX 772.00. The stock’s market cap is GBX 151.15 billion. The firm has a 50 day moving average of GBX 737.03 and a 200 day moving average of GBX 709.91.

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In related news, insider Stuart Thomson Gulliver sold 138,143 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of GBX 732 ($9.66), for a total transaction of £1,011,206.76 ($1,334,397.94). Also, insider Jonathan Symonds acquired 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The shares were acquired at an average cost of GBX 766 ($10.11) per share, for a total transaction of £76,600 ($101,082.08). Over the last 90 days, insiders have purchased 27,202 shares of company stock valued at $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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