HSBC Holdings plc (LON:HSBA - Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 838.22 ($11.41) and traded as high as GBX 887.10 ($12.08). HSBC shares last traded at GBX 885.97 ($12.06), with a volume of 19,725,236 shares traded.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on HSBA shares. Shore Capital restated a "hold" rating on shares of HSBC in a research report on Tuesday, April 29th. Bank of America reissued a "buy" rating and set a GBX 1,035 ($14.09) target price on shares of HSBC in a research report on Tuesday, March 25th. Finally, Citigroup increased their price target on HSBC from GBX 960 ($13.07) to GBX 1,070 ($14.57) and gave the company a "buy" rating in a report on Thursday, March 6th.
Check Out Our Latest Analysis on HSBA
HSBC Trading Up 1.0%
The stock has a market capitalization of £199.79 billion, a PE ratio of 8.61, a PEG ratio of 5.97 and a beta of 0.52. The business's 50 day moving average is GBX 857.74 and its 200 day moving average is GBX 838.22.
HSBC Company Profile
(
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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.
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