HSBC Holdings plc (LON:HSBA - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 847.85 ($11.44) and traded as high as GBX 920 ($12.41). HSBC shares last traded at GBX 920 ($12.41), with a volume of 12,700,417 shares.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on HSBA. Bank of America reissued a "buy" rating and set a GBX 1,035 ($13.96) price target on shares of HSBC in a research note on Tuesday, March 25th. Shore Capital reissued a "hold" rating on shares of HSBC in a research note on Tuesday, April 29th.
Get Our Latest Research Report on HSBC
HSBC Stock Down 1.0%
The firm has a 50 day moving average of GBX 876.56 and a 200-day moving average of GBX 849.34. The company has a market cap of £203.28 billion, a P/E ratio of 8.76, a PEG ratio of 5.97 and a beta of 0.52.
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.
Read More
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
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
