BNP Paribas restated their neutral rating on shares of HSBC Holdings plc (LON:HSBA) in a research report sent to investors on Tuesday morning. The firm currently has a GBX 540 ($7.05) price objective on the stock.
A number of other equities analysts have also commented on HSBA. Beaufort Securities reiterated a buy rating on shares of HSBC Holdings plc in a report on Thursday, August 4th. JPMorgan Chase & Co. reiterated a neutral rating and issued a GBX 460 ($6.00) price objective on shares of HSBC Holdings plc in a report on Thursday, August 4th. Morgan Stanley set a GBX 415 ($5.42) price objective on shares of HSBC Holdings plc and gave the stock a sell rating in a report on Wednesday, June 8th. Societe Generale reiterated a buy rating and issued a GBX 510 ($6.66) price objective on shares of HSBC Holdings plc in a report on Monday, June 27th. Finally, Shore Capital reiterated a hold rating on shares of HSBC Holdings plc in a report on Friday, June 17th. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the stock. The company has an average rating of Hold and a consensus target price of GBX 513.73 ($6.71).
Shares of HSBC Holdings plc (LON:HSBA) opened at 620.00 on Tuesday. The firm’s market cap is GBX 110.60 billion. The stock’s 50 day moving average is GBX 570.19 and its 200 day moving average is GBX 487.89. HSBC Holdings plc has a 52 week low of GBX 392.37 and a 52 week high of GBX 621.70.
The business also recently declared a dividend, which will be paid on Tuesday, December 6th. Stockholders of record on Thursday, October 20th will be paid a GBX 0.10 ($0.00) dividend. This represents a dividend yield of 1.32%. The ex-dividend date is Thursday, October 20th.
In related news, insider Evans,Lord purchased 1,754 shares of HSBC Holdings plc stock in a transaction dated Wednesday, August 31st. The stock was bought at an average cost of GBX 566 ($7.39) per share, with a total value of £9,927.64 ($12,958.67).
About HSBC Holdings plc
HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through approximately four businesses, such as Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB).
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