HSBC Holdings plc (LON:HSBA - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 853.88 ($11.54) and traded as high as GBX 934.10 ($12.63). HSBC shares last traded at GBX 932.30 ($12.60), with a volume of 18,706,379 shares changing hands.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on HSBA. Bank of America reaffirmed a "buy" rating and issued a GBX 1,035 ($13.99) price objective on shares of HSBC in a research note on Tuesday, March 25th. Shore Capital reiterated a "hold" rating on shares of HSBC in a report on Tuesday, April 29th.
Check Out Our Latest Research Report on HSBC
HSBC Stock Up 0.1%
The firm has a fifty day moving average of GBX 884.46 and a 200-day moving average of GBX 854.89. The stock has a market capitalization of £210.73 billion, a price-to-earnings ratio of 9.08, a PEG ratio of 5.97 and a beta of 0.52.
About HSBC
(
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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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