Weekly Investment Analysts’ Ratings Updates for HSBC (HSBA)

Share on StockTwits

HSBC (LON: HSBA) recently received a number of ratings updates from brokerages and research firms:

  • 10/22/2019 – HSBC had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 600 ($7.84) price target on the stock, down previously from GBX 635 ($8.30).
  • 10/21/2019 – HSBC was given a new GBX 905 ($11.83) price target on by analysts at Goldman Sachs Group Inc. They now have a “buy” rating on the stock.
  • 10/18/2019 – HSBC was given a new GBX 600 ($7.84) price target on by analysts at JPMorgan Chase & Co.. They now have a “sell” rating on the stock.
  • 10/17/2019 – HSBC had its “sell” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 520 ($6.79) price target on the stock.
  • 10/14/2019 – HSBC had its “underweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 600 ($7.84) price target on the stock, down previously from GBX 620 ($8.10).
  • 10/14/2019 – HSBC had its “underweight” rating reaffirmed by analysts at Barclays PLC.
  • 10/14/2019 – HSBC had its “hold” rating reaffirmed by analysts at Jefferies Financial Group Inc. They now have a GBX 691 ($9.03) price target on the stock.
  • 10/14/2019 – HSBC had its “buy” rating reaffirmed by analysts at Goldman Sachs Group Inc. They now have a GBX 915 ($11.96) price target on the stock, up previously from GBX 905 ($11.83).
  • 10/9/2019 – HSBC was given a new GBX 540 ($7.06) price target on by analysts at Morgan Stanley. They now have a “sell” rating on the stock.
  • 10/7/2019 – HSBC was given a new GBX 580 ($7.58) price target on by analysts at Royal Bank of Canada. They now have a “sell” rating on the stock.
  • 10/4/2019 – HSBC was given a new GBX 915 ($11.96) price target on by analysts at Goldman Sachs Group Inc. They now have a “buy” rating on the stock.
  • 9/23/2019 – HSBC was given a new GBX 610 ($7.97) price target on by analysts at Barclays PLC. They now have a “sell” rating on the stock.
  • 9/17/2019 – HSBC had its “underweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 620 ($8.10) price target on the stock.
  • 9/13/2019 – HSBC had its “hold” rating reaffirmed by analysts at Shore Capital.
  • 9/12/2019 – HSBC had its “underweight” rating reaffirmed by analysts at Barclays PLC. They now have a GBX 610 ($7.97) price target on the stock.
  • 9/12/2019 – HSBC was given a new GBX 890 ($11.63) price target on by analysts at Goldman Sachs Group Inc. They now have a “buy” rating on the stock.
  • 9/10/2019 – HSBC had its “hold” rating reaffirmed by analysts at Societe Generale.
  • 9/6/2019 – HSBC had its price target lowered by analysts at Deutsche Bank AG from GBX 540 ($7.06) to GBX 520 ($6.79). They now have a “sell” rating on the stock.
  • 9/3/2019 – HSBC was given a new GBX 610 ($7.97) price target on by analysts at Barclays PLC. They now have a “sell” rating on the stock.
  • 8/29/2019 – HSBC had its price target lowered by analysts at Royal Bank of Canada from GBX 600 ($7.84) to GBX 580 ($7.58). They now have an “underperform” rating on the stock.

Shares of HSBA opened at GBX 610.40 ($7.98) on Wednesday. HSBC Holdings plc has a 52-week low of GBX 6.30 ($0.08) and a 52-week high of GBX 687.70 ($8.99). The business’s fifty day moving average is GBX 608.57 and its 200-day moving average is GBX 639.25. The firm has a market cap of $123.55 billion and a price-to-earnings ratio of 8.83.

The firm also recently declared a dividend, which will be paid on Wednesday, November 20th. Stockholders of record on Thursday, October 10th will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 1.35%. HSBC’s payout ratio is 0.46%.

In other HSBC news, insider Marc Moses purchased 21,465 shares of the firm’s stock in a transaction dated Tuesday, August 27th. The shares were bought at an average price of GBX 586 ($7.66) per share, for a total transaction of £125,784.90 ($164,360.25).

HSBC Holdings plc provides banking and financial products and services. The company operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking segments. The Retail Banking and Wealth Management segment offers personal banking products and services, mortgages and loans, credit cards, insurance and investment products, savings products, international services, and wealth solutions and financial planning services, as well as telephone, Internet, and mobile banking services.

Further Reading: What are the advantages of the Stochastic Momentum Index?

Receive News & Ratings for HSBC Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HSBC Holdings plc and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Buys 1,920 Shares of Verizon Communications Inc.
Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Buys 1,920 Shares of Verizon Communications Inc.
Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Acquires 2,397 Shares of Chubb Ltd
Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Acquires 2,397 Shares of Chubb Ltd
976 Shares in The Coca-Cola Co  Acquired by Fulcrum Equity Management
976 Shares in The Coca-Cola Co Acquired by Fulcrum Equity Management
iShares U.S. Aerospace & Defense ETF  Stake Cut by Griffin Asset Management Inc.
iShares U.S. Aerospace & Defense ETF Stake Cut by Griffin Asset Management Inc.
Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Buys 423 Shares of Trade Desk Inc
Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Buys 423 Shares of Trade Desk Inc
Griffin Asset Management Inc. Lowers Stake in Alerian MLP ETF
Griffin Asset Management Inc. Lowers Stake in Alerian MLP ETF


 
© 2006-2019 Zolmax.