Headlines about HSBC (NYSE:HSBC) have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HSBC earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.1462311413731 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the news stories that may have effected Accern’s rankings:

Shares of HSBC (HSBC) traded down $0.09 during midday trading on Friday, hitting $49.56. The stock had a trading volume of 1,770,869 shares, compared to its average volume of 1,635,305. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.94 and a quick ratio of 0.94. HSBC has a one year low of $39.52 and a one year high of $50.86. The company has a market cap of $196,390.00, a P/E ratio of 25.04, a P/E/G ratio of 2.60 and a beta of 0.93.

A number of research firms have recently commented on HSBC. Jefferies Group began coverage on HSBC in a research report on Monday, September 4th. They set a “buy” rating on the stock. Zacks Investment Research raised HSBC from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research report on Monday, September 4th. Credit Suisse Group lowered HSBC from a “neutral” rating to an “underperform” rating in a research report on Tuesday, October 10th. BidaskClub raised HSBC from a “sell” rating to a “hold” rating in a research report on Saturday, November 11th. Finally, Canaccord Genuity reissued a “hold” rating and issued a $9.00 target price on shares of HSBC in a research report on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $31.50.

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About HSBC

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.

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