HSBC Holdings plc (LON:HSBA - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 818.86 ($11.02) and traded as high as GBX 878.91 ($11.83). HSBC shares last traded at GBX 871.40 ($11.72), with a volume of 19,469,113 shares.
Wall Street Analyst Weigh In
Several analysts have recently commented on the company. Bank of America reissued a "buy" rating and issued a GBX 1,035 ($13.93) price objective on shares of HSBC in a research note on Tuesday, March 25th. Shore Capital reissued a "hold" rating on shares of HSBC in a report on Tuesday, April 29th. Finally, Citigroup lifted their price objective on HSBC from GBX 960 ($12.92) to GBX 1,070 ($14.40) and gave the company a "buy" rating in a research note on Thursday, March 6th.
Get Our Latest Stock Analysis on HSBC
HSBC Trading Up 0.9%
The business has a fifty day moving average of GBX 832.19 and a 200-day moving average of GBX 820.17. The company has a market cap of £196.24 billion, a PE ratio of 8.45, a P/E/G ratio of 5.97 and a beta of 0.52.
Insider Buying and Selling at HSBC
In related news, insider Pam Kaur sold 45,267 shares of the company's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of GBX 861 ($11.59), for a total value of £389,748.87 ($524,419.90). Also, insider Georges Elhedery sold 43,451 shares of the business's stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of GBX 926 ($12.46), for a total transaction of £402,356.26 ($541,383.56). Insiders own 0.32% of the company's stock.
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.
