HSBC Holdings PT Raised to $11.59 (HSBA)
Credit Suisse upped their price target on shares of HSBC Holdings (LON: HSBA) from $11.44 (750 GBX) to $11.59 (760 GBX) in a research note issued on Friday. The firm currently has an “outperform” rating on the stock.
HSBA has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a “reduce” rating on shares of HSBC Holdings in a research note to investors on Thursday, February 7th. They now have a $10.23 price target on the stock. Separately, analysts at Barclays Capital reiterated an “overweight” rating on shares of HSBC Holdings in a research note to investors on Tuesday, January 22nd. They now have a $11.56 price target on the stock. Finally, analysts at Macquarie reiterated an “outperform” rating on shares of HSBC Holdings in a research note to investors on Wednesday, January 16th. They now have a $12.05 price target on the stock.
Shares of HSBC Holdings traded up 0.70% during mid-day trading on Friday, hitting GBX 721.40. HSBC Holdings has a one year low of GBX 501.20 and a one year high of GBX 735.432. The stock’s 50-day moving average is currently GBX 582.7. The company’s market cap is £138.6 billion.
HSBC Holdings plc (HSBC) is a global banking and financial services organizations. It provides a range of financial services to around 95 million customers through two customer groups, Personal Financial Services (PFS), including consumer finance, and Commercial Banking (CMB), and two global businesses, Global Banking and Markets (GB&M), and Global Private Banking (GPB).
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