HSBC Holdings plc (LON:HSBA) has been assigned a GBX 737 ($9.57) price objective by equities research analysts at Deutsche Bank AG in a note issued to investors on Monday. The firm currently has a “neutral” rating on the financial services provider’s stock. Deutsche Bank AG’s price target would suggest a potential downside of 1.01% from the stock’s current price.

A number of other research analysts have also issued reports on HSBA. UBS AG set a GBX 630 ($8.18) target price on shares of HSBC Holdings plc and gave the stock a “neutral” rating in a research report on Tuesday, April 18th. Citigroup Inc. restated a “buy” rating on shares of HSBC Holdings plc in a research report on Friday, April 21st. Credit Suisse Group AG restated a “neutral” rating and set a GBX 600 ($7.79) target price on shares of HSBC Holdings plc in a research report on Friday, April 21st. Goldman Sachs Group, Inc. (The) decreased their target price on shares of HSBC Holdings plc from GBX 740 ($9.61) to GBX 725 ($9.41) and set a “neutral” rating on the stock in a research report on Thursday, April 27th. Finally, Shore Capital restated a “sell” rating on shares of HSBC Holdings plc in a research report on Thursday, May 4th. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and four have assigned a buy rating to the company’s stock. HSBC Holdings plc currently has an average rating of “Hold” and an average price target of GBX 680.15 ($8.83).

Shares of HSBC Holdings plc (LON:HSBA) opened at 744.50 on Monday. HSBC Holdings plc has a 52-week low of GBX 518.17 and a 52-week high of GBX 772.00. The company’s 50-day moving average price is GBX 739.22 and its 200-day moving average price is GBX 686.08. The firm’s market capitalization is GBX 150.91 billion.

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In related news, insider Jonathan Symonds acquired 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The stock was acquired at an average price of GBX 766 ($9.94) per share, with a total value of £76,600 ($99,441.78). Also, insider Lord Evans acquired 2,239 shares of the company’s stock in a transaction that occurred on Friday, May 19th. The stock was bought at an average cost of GBX 666 ($8.65) per share, with a total value of £14,911.74 ($19,358.35). In the last three months, insiders purchased 29,386 shares of company stock valued at $21,786,380.

About HSBC Holdings plc

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.

Analyst Recommendations for HSBC Holdings plc (LON:HSBA)

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