HSBC (NYSE:HSBC)‘s stock had its “buy” rating reiterated by equities researchers at Morgan Stanley in a report issued on Tuesday.
HSBC has been the topic of a number of other reports. BidaskClub cut shares of HSBC from a “hold” rating to a “sell” rating in a research report on Wednesday, November 1st. UBS Group reaffirmed a “neutral” rating on shares of HSBC in a research report on Monday, December 11th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of HSBC in a research report on Friday, November 24th. Macquarie initiated coverage on shares of HSBC in a research report on Wednesday, November 29th. They set an “outperform” rating on the stock. Finally, Goldman Sachs Group reaffirmed a “neutral” rating on shares of HSBC in a research report on Tuesday, December 5th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company’s stock. HSBC has an average rating of “Hold” and an average price target of $31.50.
Shares of HSBC (HSBC) traded up $0.30 during mid-day trading on Tuesday, reaching $51.68. 1,414,235 shares of the company’s stock were exchanged, compared to its average volume of 2,220,000. The firm has a market capitalization of $203,800.00, a PE ratio of 37.72, a price-to-earnings-growth ratio of 2.34 and a beta of 0.90. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.30. HSBC has a 1 year low of $39.63 and a 1 year high of $55.89.
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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.
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