Free Trial

HSBC Holdings plc (LON:HSBA) Given Average Recommendation of "Moderate Buy" by Analysts

HSBC logo with Financial Services background

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

HSBC Holdings plc (LON:HSBA - Get Free Report) has been given a consensus rating of "Moderate Buy" by the six brokerages that are presently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 960.83 ($12.75).

A number of equities analysts have commented on HSBA shares. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 900 ($11.95) price objective on shares of HSBC in a report on Wednesday. Shore Capital restated a "hold" rating and set a GBX 980 ($13.01) price objective on shares of HSBC in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a GBX 910 ($12.08) price objective on shares of HSBC in a research note on Thursday.

View Our Latest Report on HSBC

HSBC Trading Down 0.5%

LON:HSBA traded down GBX 4.90 ($0.07) during trading hours on Thursday, hitting GBX 917.90 ($12.18). The stock had a trading volume of 21,132,336 shares, compared to its average volume of 24,682,385. HSBC has a 1-year low of GBX 610.89 ($8.11) and a 1-year high of GBX 978.79 ($12.99). The company has a market cap of £204.93 billion, a PE ratio of 8.83, a price-to-earnings-growth ratio of 5.97 and a beta of 0.52. The business has a 50 day simple moving average of GBX 897.52 and a two-hundred day simple moving average of GBX 864.63.

About HSBC

(Get Free Report

With assets of $3.0tn and operations in 62 countries and territories at 31 December 2022, HSBC is one of the largest banking and financial services organisations in the world. We serve approximately 39 million personal, wealth and corporate customers through three global businesses. We have around 180,000 shareholders in 126 countries and territories.

Featured Stories

Analyst Recommendations for HSBC (LON:HSBA)

Should You Invest $1,000 in HSBC Right Now?

Before you consider HSBC, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HSBC wasn't on the list.

While HSBC currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines