HSBC (NYSE:HSBC) Downgraded by Zacks Research to “Hold”

HSBC (NYSE:HSBC) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday,Zacks.com reports.

Other analysts have also issued research reports about the company. Weiss Ratings lowered HSBC from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 10th. Citigroup reissued a “buy” rating on shares of HSBC in a report on Friday, January 9th. Morgan Stanley initiated coverage on HSBC in a report on Wednesday, January 14th. They set an “equal weight” rating for the company. The Goldman Sachs Group initiated coverage on HSBC in a report on Thursday, March 26th. They set a “buy” rating for the company. Finally, BNP Paribas Exane lowered HSBC from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 14th. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, HSBC presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.00.

HSBC Stock Performance

NYSE:HSBC opened at $91.34 on Tuesday. The stock has a 50-day simple moving average of $86.42 and a two-hundred day simple moving average of $80.67. HSBC has a 52-week low of $56.21 and a 52-week high of $94.79. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.87 and a current ratio of 0.87. The firm has a market capitalization of $313.90 billion, a PE ratio of 14.97, a P/E/G ratio of 0.84 and a beta of 0.56.

HSBC (NYSE:HSBC) last released its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $0.44 earnings per share (EPS) for the quarter. HSBC had a return on equity of 13.28% and a net margin of 16.06%.The business had revenue of $19.13 billion during the quarter. Analysts forecast that HSBC will post 8.48 EPS for the current year.

Hedge Funds Weigh In On HSBC

A number of hedge funds have recently made changes to their positions in the business. Sivia Capital Partners LLC lifted its position in shares of HSBC by 19.0% in the second quarter. Sivia Capital Partners LLC now owns 11,896 shares of the financial services provider’s stock worth $723,000 after buying an additional 1,899 shares in the last quarter. Invesco Ltd. lifted its position in shares of HSBC by 22.5% in the second quarter. Invesco Ltd. now owns 7,052 shares of the financial services provider’s stock worth $429,000 after buying an additional 1,295 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of HSBC in the second quarter worth about $221,000. Cerity Partners LLC lifted its position in shares of HSBC by 3.1% in the second quarter. Cerity Partners LLC now owns 98,708 shares of the financial services provider’s stock worth $6,000,000 after buying an additional 2,940 shares in the last quarter. Finally, Qube Research & Technologies Ltd lifted its position in shares of HSBC by 36.7% in the second quarter. Qube Research & Technologies Ltd now owns 365,570 shares of the financial services provider’s stock worth $22,223,000 after buying an additional 98,048 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

More HSBC News

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC declared an interim dividend of $0.50 per share (annualized yield ~2.2%), ex‑dividend May 15 and payable June 26 — a cash return that supports investor income expectations.
• Positive Sentiment: Revenue and net interest income outlook: Q1 revenue beat consensus and management lifted 2026 banking NII guidance, giving investors confidence in core earnings power despite one‑off charges. Quarterly results slide deck
• Positive Sentiment: At least one major sell‑side analyst (Bank of America) maintained a Buy and highlighted valuation upside after the resilient Q1 performance and upgraded NII view, which can underpin near‑term buying interest. Analyst Maintains Buy Rating
• Neutral Sentiment: Board & governance refresh: HSBC announced board and committee changes as part of a governance refresh — a routine but notable step for institutional investors monitoring oversight and succession. HSBC reshapes board and committee leadership
• Negative Sentiment: $400m private‑credit loss: HSBC took a $400m expected credit loss in Q1 tied to alleged fraud in a UK private‑lending chain (Market Financial Solutions exposure via SPVs). The episode raises concerns about opaque private‑credit links and potential for further surprise provisions. The Opaque Private‑Lending Deals That Left HSBC With a $400 Million Hole HSBC Loses $400 Million to Private Credit Fraud
• Negative Sentiment: Quarterly profit miss and higher provisions: Q1 pre‑tax profit missed estimates as conflict‑related and UK exposures pushed up credit charges; that pressure triggered earlier volatility and a near‑term drag on sentiment. HSBC reports flat first‑quarter profit, misses estimates

About HSBC

HSBC Holdings plc (NYSE: HSBC) is a multinational banking and financial services organization headquartered in London. It traces its origins to the Hongkong and Shanghai Banking Corporation, founded in 1865 to facilitate trade between Europe and Asia, and has since grown into one of the world’s largest banking groups. The company is publicly listed in multiple markets, including the London Stock Exchange, the Hong Kong Stock Exchange and as an American depositary receipt on the New York Stock Exchange.

HSBC operates a universal banking model, serving retail, commercial, corporate and institutional clients.