A number of other research firms have also recently commented on HSBA. Goldman Sachs Group Inc. set a GBX 565 ($7.38) target price on HSBC Holdings plc and gave the stock a neutral rating in a research report on Monday, July 25th. Bankhaus Lampe set a GBX 600 ($7.83) target price on HSBC Holdings plc and gave the stock a buy rating in a research report on Monday, June 13th. Societe Generale reiterated a buy rating and set a GBX 510 ($6.66) target price on shares of HSBC Holdings plc in a research report on Tuesday, June 28th. Citigroup Inc. cut HSBC Holdings plc to a neutral rating and set a GBX 600 ($7.83) target price on the stock. in a research report on Tuesday, September 13th. Finally, Shore Capital reiterated a hold rating on shares of HSBC Holdings plc in a research report on Thursday, June 9th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 513.73 ($6.71).
Shares of HSBC Holdings plc (LON:HSBA) traded up 2.80% during trading on Thursday, reaching GBX 619.50. The company’s stock had a trading volume of 43,225,053 shares. The firm’s market capitalization is GBX 110.51 billion. HSBC Holdings plc has a 52 week low of GBX 392.37 and a 52 week high of GBX 620.20. The company has a 50 day moving average price of GBX 568.12 and a 200 day moving average price of GBX 486.97.
The company also recently disclosed a dividend, which will be paid on Tuesday, December 6th. Stockholders of record on Thursday, October 20th will be issued a dividend of GBX 0.10 ($0.00) per share. The ex-dividend date of this dividend is Thursday, October 20th. This represents a dividend yield of 1.32%.
In other news, insider Evans,Lord acquired 1,754 shares of the company’s stock in a transaction dated Wednesday, August 31st. The stock was acquired at an average cost of GBX 566 ($7.39) per share, for a total transaction of £9,927.64 ($12,958.67).
HSBC Holdings plc Company Profile
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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