Equities researchers at BNP Paribas cut their target price on shares of HSBC Holdings (LON: HSBA) from $12.78 (856 GBX) to $12.69 (850 GBX) in a report issued on Thursday. The firm currently has an “outperform” rating on the stock.
HSBC Holdings opened at 731.50 on Thursday. HSBC Holdings has a 52-week low of GBX 501.20 and a 52-week high of GBX 739.90. The stock’s 50-day moving average is currently GBX 582.7. The company’s market cap is £134.5 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at HSBC raised their price target on shares of HSBC Holdings from $10.37 to $11.65 in a research note to investors on Tuesday, March 5th. They now have an “underweight” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of HSBC Holdings from $10.52 to $12.40 in a research note to investors on Tuesday, March 5th. They now have a “buy” rating on the stock. Finally, analysts at Espirito Santo Execution reiterated a “buy” rating on shares of HSBC Holdings in a research note to investors on Tuesday, March 5th. They now have a $12.03 price target on the stock.
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.
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