Marc Moses Acquires 20,305 Shares of HSBC Holdings plc (HSBA) Stock
HSBC Holdings plc (LON:HSBA) insider Marc Moses bought 20,305 shares of the business’s stock in a transaction dated Monday, November 14th. The stock was bought at an average price of GBX 620 ($7.75) per share, for a total transaction of £125,891 ($157,285.11).
Shares of HSBC Holdings plc (LON:HSBA) opened at 632.00 on Friday. HSBC Holdings plc has a 12 month low of GBX 392.37 and a 12 month high of GBX 643.80. The company has a 50 day moving average of GBX 614.23 and a 200 day moving average of GBX 523.47. The stock’s market cap is GBX 42.98 billion.
The business also recently disclosed a dividend, which will be paid on Tuesday, December 6th. Shareholders of record on Thursday, October 20th will be given a GBX 0.10 ($0.00) dividend. This represents a yield of 1.32%. The ex-dividend date is Thursday, October 20th.
A number of equities research analysts recently weighed in on HSBA shares. Societe Generale reaffirmed a “buy” rating and set a GBX 510 ($6.37) price objective on shares of HSBC Holdings plc in a research report on Friday, September 9th. BNP Paribas reaffirmed a “neutral” rating and set a GBX 540 ($6.75) price objective on shares of HSBC Holdings plc in a research report on Tuesday, October 4th. Morgan Stanley boosted their price objective on shares of HSBC Holdings plc from GBX 438 ($5.47) to GBX 450 ($5.62) and gave the company an “underweight” rating in a research report on Thursday, October 6th. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 525 ($6.56) price objective on shares of HSBC Holdings plc in a research report on Thursday, October 13th. Finally, Barclays PLC reaffirmed an “equal weight” rating and set a GBX 550 ($6.87) price objective on shares of HSBC Holdings plc in a research report on Thursday, October 6th. Four analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 556.59 ($6.95).
About HSBC Holdings plc
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).
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