Goldman Sachs Group set a GBX 785 ($10.23) price target on HSBC (LON:HSBA) in a report published on Wednesday. The brokerage currently has a neutral rating on the financial services provider’s stock.

Several other equities analysts have also recently commented on the stock. JPMorgan Chase & Co. set a GBX 780 ($10.16) price target on shares of HSBC and gave the company a neutral rating in a research report on Tuesday, September 4th. Deutsche Bank reissued a hold rating on shares of HSBC in a research report on Friday, August 17th. UBS Group set a GBX 750 ($9.77) price target on shares of HSBC and gave the company a neutral rating in a research report on Friday, August 31st. Morgan Stanley set a GBX 855 ($11.14) price objective on shares of HSBC and gave the company a buy rating in a report on Tuesday, August 14th. Finally, Berenberg Bank restated a hold rating and issued a GBX 680 ($8.86) price objective on shares of HSBC in a report on Monday, July 23rd. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. The company has an average rating of Hold and a consensus target price of GBX 763.89 ($9.95).

Shares of HSBA stock opened at GBX 658.40 ($8.58) on Wednesday. HSBC has a 52 week low of GBX 618 ($8.05) and a 52 week high of GBX 798.60 ($10.40).

The company also recently disclosed a dividend, which will be paid on Thursday, September 27th. Stockholders of record on Thursday, August 16th will be issued a $0.10 dividend. The ex-dividend date is Thursday, August 16th. This represents a dividend yield of 1.08%.

HSBC Company Profile

HSBC Holdings plc provides banking and financial products and services. The company operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking segments. The Retail Banking and Wealth Management segment offers personal banking products and services, mortgages and loans, credit cards, insurance and investment products, savings products, international services, and wealth solutions and financial planning services, as well as telephone, Internet, and mobile banking services.

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Analyst Recommendations for HSBC (LON:HSBA)

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