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HSBC Holdings PLC (LON:HSBA) stock price target upped to 525.00GBX, reported today by Barclays Capital

HSBC Holdings PLC (LON:HSBA) had its estimated target price raised to 525GBX by Barclays Capital in an issued report released 8/04/2016. The latest target price implies a potential upside of 0.04% from the company’s last closing price.

Previously on Tuesday August 2 2016, Berenberg Bank released a statement about HSBC Holdings PLC(LON:HSBA) upped the target price from 0.00GBX to 600.00GBX that indicated a possible upside of 0.24%.

Just yesterday HSBC Holdings PLC (LON:HSBA) traded 0.93% lower at 504.00GBX. HSBA’s 50-day moving average is 545.02GBX and its two hundred day moving average is 474.12GBX. With the last stock close up 19.47% relative to the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the same period. 49,442,167 shares of HSBA exchanged hands, up from ann average volume of 34,853,200.

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With a total market value of 0.0 GBX, HSBC Holdings PLC has a P/E of 12 with a one-year low of 392.37GBX and a 52 week high of 588.30GBX.

A total of 22 brokerages have reported on the company. Three firms rate the stock a strong buy, six firms rate the company a buy, nine firms rate the stock a hold, five firms rate the stock to underperform, and finally two firmsrate the company as sell with a one year target of 6.21GBX

Brief Synopsis About HSBC Holdings PLC (LON:HSBA)

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through approximately four businesses, such as Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). The Company operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America. The Company’s RBWM business offers a range of personal banking and wealth management services to its customers. The Company’s CMB business offers a range of products and services to its commercial customers, including small and medium-sized enterprises, and mid-market enterprises. The Company’s GB&M business provides financial solutions to government, and corporate and institutional clients and private investors across the world. The Company’s GPB’s products and services include Investment Management and Private Wealth Solutions.

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