Bank of America Corp. reaffirmed their neutral rating on shares of HSBC Holdings (LON:HSBA) in a research note issued to investors on Monday, American Banking and Market News reports. The firm currently has a GBX 775 ($12.37) price target on the stock.
HSBA has been the subject of a number of other recent research reports. Analysts at Berenberg Bank reiterated a buy rating on shares of HSBC Holdings in a research note to investors on Friday, October 11th. They now have a GBX 790 ($12.61) price target on the stock. Separately, analysts at Credit Suisse reiterated an outperform rating on shares of HSBC Holdings in a research note to investors on Thursday, October 10th. They now have a GBX 780 ($12.45) price target on the stock, down previously from GBX 790 ($12.61). Finally, analysts at Espirito Santo Investment Bank Research reiterated a buy rating on shares of HSBC Holdings in a research note to investors on Tuesday, October 8th. They now have a GBX 850 ($13.57) price target on the stock. Four equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 775.92 ($12.39).
HSBC Holdings (LON:HSBA) traded down 0.23% on Monday, hitting GBX 685.80. The stock had a trading volume of 18,941,292 shares. HSBC Holdings has a one year low of GBX 593.20 and a one year high of GBX 772.50. The stock has a 50-day moving average of GBX 689.1 and a 200-day moving average of GBX 705.5. The company’s market cap is £125.1 billion.
HSBC Holdings plc is a banking and financial services organization. It serves around 89 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking.
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