Published On: Wed, Oct 19th, 2016

HSBC Holdings Plc (NYSE:HSBC) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of HSBC Holdings plc (NYSE:HSBC).

Most recent broker ratings

09/14/2016 – HSBC Holdings plc was downgraded to “neutral” by analysts at UBS.

08/31/2016 – HSBC Holdings plc had its “buy” rating reiterated by analysts at Citigroup.

08/25/2016 – HSBC Holdings plc had its “buy” rating reiterated by analysts at Investec.

08/04/2016 – HSBC Holdings plc had its “buy” rating reiterated by analysts at Beaufort Securities.

08/04/2016 – HSBC Holdings plc was upgraded to “buy” by analysts at Bank of America Merrill Lynch.

07/21/2016 – HSBC Holdings plc had its “hold” rating reiterated by analysts at Deutsche Bank.

06/28/2016 – HSBC Holdings plc was downgraded to “buy” by analysts at Goldman Sachs.

06/27/2016 – HSBC Holdings plc was upgraded to “neutral” by analysts at JP Morgan.

06/27/2016 – HSBC Holdings plc was upgraded to “neutral” by analysts at BNP Paribas.

06/17/2016 – HSBC Holdings plc had its “buy” rating reiterated by analysts at Societe Generale.

04/25/2016 – HSBC Holdings plc was downgraded to “underperform” by analysts at CLSA.

04/25/2016 – HSBC Holdings plc was downgraded to “underperform” by analysts at Credit Agricole.

03/17/2016 – HSBC Holdings plc was downgraded to “reduce” by analysts at Nomura.

02/29/2016 – HSBC Holdings plc was downgraded to “underperform” by analysts at Sanford C. Bernstein.

02/22/2016 – HSBC Holdings plc had its “sell” rating reiterated by analysts at Shore Capital Stockbrokers.

The share price of HSBC Holdings plc (NYSE:HSBC) was up +2.54% during the last day of trading, with a day high of 38.49. 3090446 shares were traded during the last session.

The stock’s 50 day moving average is 37.74 and its 200 day moving average is 33.75. The stock’s market capitalization is 134.97B. HSBC Holdings plc has a 52-week low of 28.62 and a 52-week high of 40.74.

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). The Company operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America. The Company’s RBWM business offers a range of personal banking and wealth management services to its customers. The Company’s CMB business offers a range of products and services to its commercial customers, including small and medium-sized enterprises, and mid-market enterprises. The Company’s GB&M business provides financial solutions to government, corporate and institutional clients and private investors across the world. The Company’s GPB’s products and services include Investment Management and Private Wealth Solutions.