HSBC Holdings plc (LON:HSBA) has been assigned a GBX 720 ($9.50) target price by Royal Bank Of Canada in a report released on Friday. The firm presently has a “neutral” rating on the financial services provider’s stock. Royal Bank Of Canada’s price objective indicates a potential downside of 2.53% from the stock’s current price.

A number of other brokerages have also weighed in on HSBA. Shore Capital reiterated a “sell” rating on shares of HSBC Holdings plc in a research note on Monday. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and set a GBX 755 ($9.96) target price on shares of HSBC Holdings plc in a research note on Wednesday, July 26th. Barclays PLC reiterated an “equal weight” rating and set a GBX 700 ($9.24) target price on shares of HSBC Holdings plc in a research note on Thursday, October 5th. UBS AG set a GBX 725 ($9.57) target price on HSBC Holdings plc and gave the stock a “neutral” rating in a research note on Friday, August 18th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a GBX 920 ($12.14) target price on shares of HSBC Holdings plc in a research note on Wednesday, September 27th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have given a buy rating to the stock. HSBC Holdings plc currently has an average rating of “Hold” and a consensus price target of GBX 716.80 ($9.46).

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In other HSBC Holdings plc news, insider Douglas J. Flint acquired 58 shares of the stock in a transaction dated Wednesday, September 20th. The stock was purchased at an average cost of GBX 724 ($9.55) per share, with a total value of £419.92 ($554.13). Also, insider Marc Moses acquired 17,083 shares of the stock in a transaction dated Monday, August 14th. The stock was acquired at an average cost of GBX 737 ($9.73) per share, with a total value of £125,901.71 ($166,141.08). Over the last ninety days, insiders have purchased 17,182 shares of company stock valued at $12,662,261.

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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