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JP Morgan Cazenove covered HSBC Holdings PLC (LON:HSBA), maintaining its target price at 690.00GBX today

Boasting a price of 739.00GBX, HSBC Holdings PLC (LON:HSBA) traded -0.22% lower on the day. With the last stock price close up 2.58% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. HSBC Holdings PLC has recorded a 50-day average of 738.49GBX and a two hundred day average of 714.30GBX. Volume of trade was up over the average, with 45,000,191 shares of HSBA changing hands over the typical 22,050,900

HSBC Holdings PLC (LON:HSBA) had its stock price target hold steady to 690.00GBX by JP Morgan Cazenove in a report released Tuesday November 14, 2017. The new stock price target indicates a potential downside of -0.07% from the company's most recent stock price close.

On 11/1/2017, Jefferies International released a statement for HSBC Holdings PLC (LON:HSBA) maintained the target price at 920.00GBX that suggested an upside of 0.25%.

Performance Chart

HSBC Holdings PLC (LON:HSBA)

With a total market value of 0 GBX, HSBC Holdings PLC has price-earnings ratio of 74.77 with a one year low of 518.17GBX and a one year high of 772.00GBX .

A total of 22 equity analysts have released a research note on HSBA. Three equity analysts rating the company a strong buy, six equity analysts rating the company a buy, nine equity analysts rating the company a hold, five equity analysts rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of 6.21GBX.

More 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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