HSBC (HSBC) Receives “Buy” Rating from Morgan Stanley
Several other equities analysts also recently commented on HSBC. BidaskClub downgraded HSBC from a hold rating to a sell rating in a report on Wednesday, November 1st. JPMorgan Chase & Co. reiterated a neutral rating on shares of HSBC in a report on Friday, November 24th. UBS Group reiterated a neutral rating on shares of HSBC in a report on Wednesday, November 29th. Macquarie initiated coverage on HSBC in a report on Wednesday, November 29th. They set an outperform rating on the stock. Finally, Goldman Sachs Group reiterated a neutral rating on shares of HSBC in a report on Tuesday, December 5th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. HSBC currently has a consensus rating of Hold and a consensus price target of $31.50.
HSBC (NYSE HSBC) opened at $51.68 on Tuesday. HSBC has a twelve month low of $39.63 and a twelve month high of $55.89. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $205,473.20, a P/E ratio of 36.91, a price-to-earnings-growth ratio of 2.34 and a beta of 0.90.
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HSBC 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.
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