HSBC Holdings plc (LON:HSBA) has received a consensus rating of “Hold” from the seventeen analysts that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 656.67 ($8.58).
Several brokerages recently weighed in on HSBA. Barclays raised their target price on Tyson Foods from $73.00 to $85.00 and gave the company an “overweight” rating in a research note on Tuesday, May 7th. UBS Group set a $133.00 target price on LHC Group and gave the company a “buy” rating in a research note on Friday, May 10th. Deutsche Bank raised their target price on Spirit Airlines from $75.00 to $79.00 and gave the company a “buy” rating in a research note on Friday. Royal Bank of Canada set a €225.00 ($261.63) target price on ASML and gave the company a “buy” rating in a research note on Wednesday, June 12th. Finally, Jefferies Financial Group decreased their target price on Seres Therapeutics from $6.00 to $4.00 and set a “hold” rating for the company in a research note on Monday, July 1st.
Shares of HSBA traded down GBX 1.10 ($0.01) during trading hours on Friday, reaching GBX 663.40 ($8.67). 10,929,359 shares of the company’s stock traded hands, compared to its average volume of 26,590,000. The company has a market cap of $134.25 billion and a price-to-earnings ratio of 9.61. HSBC has a twelve month low of GBX 596.40 ($7.79) and a twelve month high of GBX 736 ($9.62). The stock has a fifty day simple moving average of GBX 655.67.
The business also recently declared a dividend, which was paid on Friday, July 5th. Investors of record on Thursday, May 16th were given a $0.10 dividend. The ex-dividend date was Thursday, May 16th. This represents a dividend yield of 1.15%. HSBC’s dividend payout ratio (DPR) is 0.45%.
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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