HSBC Holdings (LON:HSBA)‘s stock had its “neutral” rating reiterated by investment analysts at BNP Paribas in a note issued to investors on Thursday, AnalystRatingsNetwork reports. They currently have a GBX 800 ($12.21) price objective on the stock. BNP Paribas’ target price indicates a potential upside of 9.13% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at China International Capital Corp reiterated an “accumulate” rating on shares of HSBC Holdings in a research note to investors on Wednesday. They now have a GBX 839.42 ($12.81) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of HSBC Holdings in a research note to investors on Wednesday. They now have a GBX 700 ($10.68) price target on the stock. Finally, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of HSBC Holdings in a research note to investors on Wednesday. They now have a GBX 737 ($11.25) price target on the stock.
Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, twenty-two have issued a buy rating and one has assigned a strong buy rating to the stock. HSBC Holdings has a consensus rating of “Buy” and a consensus price target of GBX 780.84 ($11.92).
Shares of HSBC Holdings (LON: HSBA) opened at 733.10 on Thursday. HSBC Holdings has a 52 week low of GBX 510.80 and a 52 week high of GBX 772.50. The stock’s 50-day moving average is currently GBX 0.. The company’s market cap is £137.0 billion.
HSBC Holdings plc is a banking and financial services organization. It serves around 89 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking.