Shares of HSBC Holdings plc (LON:HSBA) have received an average recommendation of “Hold” from the twenty-one ratings firms that are covering the stock, Marketbeat reports. Three equities research 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. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 702.90 ($9.48).

A number of equities analysts have recently issued reports on HSBA shares. Investec lowered shares of HSBC Holdings plc to a “sell” rating and set a GBX 640 ($8.63) target price on the stock. in a research report on Monday, June 12th. Citigroup Inc. reiterated a “buy” rating and set a GBX 850 ($11.46) target price on shares of HSBC Holdings plc in a research report on Tuesday, August 22nd. Jefferies Group LLC started coverage on shares of HSBC Holdings plc in a research report on Monday, September 4th. They set a “buy” rating and a GBX 920 ($12.40) target price on the stock. Goldman Sachs Group, Inc. (The) set a GBX 740 ($9.98) target price on shares of HSBC Holdings plc and gave the stock a “neutral” rating in a research report on Friday, June 16th. Finally, Morgan Stanley set a GBX 850 ($11.46) target price on shares of HSBC Holdings plc and gave the stock a “buy” rating in a research report on Monday, July 17th.

HSBC Holdings plc (LON:HSBA) opened at 727.10 on Friday. HSBC Holdings plc has a 1-year low of GBX 518.17 and a 1-year high of GBX 772.00. The company’s 50 day moving average is GBX 742.94 and its 200-day moving average is GBX 695.97. The firm’s market cap is GBX 147.38 billion.

The firm also recently declared a dividend, which was paid on Wednesday, September 20th. Investors of record on Thursday, August 3rd were paid a dividend of $0.10 per share. This represents a dividend yield of 1.02%. The ex-dividend date was Thursday, August 3rd.

In other news, insider Marc Moses bought 17,083 shares of the stock in a transaction on Monday, August 14th. The stock was purchased at an average price of GBX 737 ($9.94) per share, with a total value of £125,901.71 ($169,747.49). Also, insider Stuart Thomson Gulliver sold 138,143 shares of the company’s stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of GBX 732 ($9.87), for a total transaction of £1,011,206.76 ($1,363,363.57). Over the last three months, insiders have purchased 27,145 shares of company stock valued at $20,295,156.

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HSBC Holdings plc Company Profile

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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