Goldman Sachs Group, Inc. (The) set a GBX 845 ($11.11) target price on HSBC Holdings plc (LON:HSBA) in a research report report published on Monday morning. The firm currently has a neutral rating on the financial services provider’s stock.

Other analysts also recently issued reports about the company. Citigroup Inc. reissued a buy rating and set a GBX 725 ($9.53) price objective on shares of HSBC Holdings plc in a research report on Friday, June 16th. Morgan Stanley set a GBX 850 ($11.18) price objective on HSBC Holdings plc and gave the stock a buy rating in a research report on Monday, July 17th. Jefferies Group LLC initiated coverage on HSBC Holdings plc in a research report on Monday, September 4th. They set a buy rating and a GBX 920 ($12.10) price objective for the company. BNP Paribas set a GBX 825 ($10.85) price objective on HSBC Holdings plc and gave the stock a buy rating in a research report on Thursday, October 5th. Finally, Barclays PLC raised their price objective on HSBC Holdings plc from GBX 650 ($8.55) to GBX 700 ($9.20) and gave the stock an equal weight rating in a research report on Tuesday, August 1st. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of GBX 712.15 ($9.36).

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The firm also recently announced a dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Thursday, October 12th will be given a dividend of $0.10 per share. This represents a dividend yield of 1.01%. The ex-dividend date is Thursday, October 12th.

In other news, insider Stuart Thomson Gulliver sold 138,143 shares of the business’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of GBX 732 ($9.62), for a total value of £1,011,206.76 ($1,329,485.62). Also, insider Douglas J. Flint bought 58 shares of the company’s stock in a transaction dated Wednesday, September 20th. The stock was bought at an average cost of GBX 724 ($9.52) per share, for a total transaction of £419.92 ($552.09). In the last ninety days, insiders have acquired 27,202 shares of company stock worth $20,337,321.

HSBC Holdings plc Company Profile

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.

Analyst Recommendations for HSBC Holdings plc (LON:HSBA)

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