HSBC Holdings plc (LON:HSBA - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 832.87 ($11.22) and traded as high as GBX 877.20 ($11.81). HSBC shares last traded at GBX 875.33 ($11.79), with a volume of 13,899,336 shares.
Analyst Upgrades and Downgrades
HSBA has been the subject of several analyst reports. Bank of America reiterated a "buy" rating and issued a GBX 1,035 ($13.94) price objective on shares of HSBC in a research note on Tuesday, March 25th. Citigroup lifted their price target on shares of HSBC from GBX 960 ($12.93) to GBX 1,070 ($14.41) and gave the company a "buy" rating in a research report on Thursday, March 6th. Finally, Shore Capital reissued a "hold" rating on shares of HSBC in a research report on Tuesday, April 29th.
Get Our Latest Research Report on HSBC
HSBC Price Performance
The stock has a market cap of £193.54 billion, a P/E ratio of 8.34, a PEG ratio of 5.97 and a beta of 0.52. The stock has a 50-day simple moving average of GBX 851.40 and a 200-day simple moving average of GBX 834.29.
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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