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HSBC Holdings PLC (LON:HSBA) target maintained at 737.00GBX, released a ratings update earlier today by Deutsche Bank

Just yesterday HSBC Holdings PLC (LON:HSBA) traded 0.38% higher at 745.75GBX. HSBC Holdings PLC’s 50-day moving average is 737.03GBX and its 200-day moving average is 709.91GBX. The last closing price is up 5.13% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 5,861,950 shares of HSBA traded hands, down from an average trading volume of 21,864,700

Deutsche Bank hold steady the price target of HSBC Holdings PLC (LON:HSBA) at 737.00GBX reporting a possible downside of -0.01%.

Recent Performance Chart


HSBC Holdings PLC has 52 week low of 518.17GBX and a 52 week high of 772.00GBX with a PE ratio of 76.15 and has a market capitalization of 0 GBX.

In addition to Deutsche Bank reporting its stock price target, a total of 22 brokers have issued a research note on HSBC Holdings PLC. The 12-month price target is 6.21GBX with three brokerages rating the company a strong buy, six brokerages rating the company a buy, nine brokerages rating the company a hold, five brokerages rating the company a underperform, and lastly two firms rating the stock a sell.

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 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. RBWM business offers Retail Banking, Wealth Management, Asset Management and Insurance. CMB services include working capital, term loans, payment services and international trade facilitation, among other services, as well as expertise in mergers and acquisitions, and access to financial markets. GB&M supports government, corporate and institutional clients across the world. GPB's products and services include Investment Management, Private Wealth Solutions, and a range of Private Banking services.

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