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 ReportWith 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.
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