Recent Analysts’ Ratings Updates for HSBC (HSBA)

HSBC (LON: HSBA) recently received a number of ratings updates from brokerages and research firms:

  • 6/21/2019 – HSBC was downgraded by analysts at Morgan Stanley to an “equal weight” rating. They now have a GBX 690 ($9.02) price target on the stock, down previously from GBX 740 ($9.67).
  • 6/13/2019 – HSBC had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a GBX 670 ($8.75) price target on the stock.
  • 6/12/2019 – HSBC was given a new GBX 600 ($7.84) price target on by analysts at Royal Bank of Canada. They now have a “sell” rating on the stock.
  • 6/12/2019 – HSBC was given a new GBX 925 ($12.09) price target on by analysts at Goldman Sachs Group Inc. They now have a “buy” rating on the stock.
  • 6/6/2019 – HSBC was given a new GBX 925 ($12.09) price target on by analysts at Goldman Sachs Group Inc. They now have a “buy” rating on the stock.
  • 5/23/2019 – HSBC was upgraded by analysts at Goldman Sachs Group Inc to a “buy” rating. They now have a GBX 925 ($12.09) price target on the stock, up previously from GBX 805 ($10.52).
  • 5/14/2019 – HSBC had its “underweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a GBX 620 ($8.10) price target on the stock.
  • 5/14/2019 – HSBC was given a new GBX 540 ($7.06) price target on by analysts at Deutsche Bank AG. They now have a “sell” rating on the stock.
  • 5/13/2019 – HSBC was given a new GBX 740 ($9.67) price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 5/10/2019 – HSBC was given a new GBX 600 ($7.84) price target on by analysts at Royal Bank of Canada. They now have a “sell” rating on the stock.
  • 5/10/2019 – HSBC had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 635 ($8.30) price target on the stock, up previously from GBX 625 ($8.17).
  • 5/7/2019 – HSBC was given a new GBX 600 ($7.84) price target on by analysts at Barclays PLC. They now have a “sell” rating on the stock.
  • 5/3/2019 – HSBC was given a new GBX 600 ($7.84) price target on by analysts at Royal Bank of Canada. They now have a “sell” rating on the stock.
  • 5/3/2019 – HSBC was given a new GBX 620 ($8.10) price target on by analysts at JPMorgan Chase & Co.. They now have a “sell” rating on the stock.
  • 5/3/2019 – HSBC had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a GBX 670 ($8.75) price target on the stock.
  • 5/3/2019 – HSBC had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 625 ($8.17) price target on the stock.
  • 5/3/2019 – HSBC had its “hold” rating reaffirmed by analysts at Shore Capital.

LON:HSBA opened at GBX 647.80 ($8.46) on Wednesday. HSBC Holdings plc has a fifty-two week low of GBX 596.40 ($7.79) and a fifty-two week high of GBX 736 ($9.62). The firm has a market cap of $130.74 billion and a PE ratio of 9.39. The stock’s fifty day moving average is GBX 652.47.

The business also recently declared a dividend, which will be paid on Friday, July 5th. Stockholders of record on Thursday, May 16th will be paid a dividend of $0.10 per share. The ex-dividend date is Thursday, May 16th. This represents a dividend yield of 1.15%. HSBC’s dividend payout ratio (DPR) is presently 0.45%.

HSBC Holdings plc provides banking and financial products and services. The company operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking segments. The Retail Banking and Wealth Management segment offers personal banking products and services, mortgages and loans, credit cards, insurance and investment products, savings products, international services, and wealth solutions and financial planning services, as well as telephone, Internet, and mobile banking services.

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