Shares of HSBC Holdings plc (LON:HSBA – Get Free Report) have been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the stock, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 1,300.50.
A number of research analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a “hold” rating and set a GBX 1,120 price target on shares of HSBC in a research note on Tuesday, May 5th. Royal Bank Of Canada lifted their price objective on HSBC from GBX 1,200 to GBX 1,275 and gave the company a “sector perform” rating in a report on Thursday, May 14th. UBS Group reaffirmed a “neutral” rating and issued a GBX 1,419 price objective on shares of HSBC in a report on Tuesday, May 5th. HSBC reiterated a “hold” rating and set a GBX 1,450 target price on shares of HSBC in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. raised their price target on HSBC from GBX 1,360 to GBX 1,370 and gave the company a “neutral” rating in a report on Friday, May 8th.
Read Our Latest Stock Report on HSBA
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HSBC Stock Performance
HSBA stock opened at GBX 1,479.27 on Friday. The stock has a market capitalization of £253.67 billion, a PE ratio of 12.23, a price-to-earnings-growth ratio of 5.97 and a beta of 0.56. The company has a fifty day moving average of GBX 1,400.81 and a 200-day moving average of GBX 1,313.27. HSBC has a one year low of GBX 908.97 and a one year high of GBX 1,653.40.
HSBC Company Profile
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