HSBC (NYSE:HSBC) Hits New 52-Week High – Still a Buy?

HSBC Holdings plc (NYSE:HSBC) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $90.50 and last traded at $90.2660, with a volume of 1721762 shares changing hands. The stock had previously closed at $89.29.

Trending Headlines about HSBC

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC has elected to fully redeem its US$1bn 4.000% perpetual contingent convertible securities in March 2026, removing a high‑coupon, hybrid instrument from its capital structure and simplifying liabilities — a move that can reduce future coupon outflows and signal capital flexibility. HSBC to Fully Redeem US$1bn Contingent Convertible Securities in March 2026
• Positive Sentiment: HSBC has scheduled a board committee meeting for 25 February to approve 2025 results and to consider a fourth interim dividend — the potential dividend decision is a near‑term catalyst that investors will watch closely. HSBC Sets February Board Meeting to Approve 2025 Results and Consider Fourth Interim Dividend
• Neutral Sentiment: HSBC is projected to report quarterly earnings this week; guidance and actual results will determine market reaction but the item itself is procedural ahead of the release. HSBC (HSBC) Projected to Post Quarterly Earnings on Wednesday
• Neutral Sentiment: Management/governance updates in Singapore: Group COO Suzy White has been appointed to the HSBC Singapore board, and HSBC Singapore also named a new director — incremental governance changes with limited immediate financial impact but supportive of regional oversight. HSBC Singapore Appoints Group COO Suzy White to Board HSBC Singapore appoints new director to board
• Neutral Sentiment: Consumer‑facing news: reminders about a limited‑time cashback deadline for retail customers are operational/marketing items unlikely to move the stock materially. HSBC issues two-week warning over £750 cashback as deadline is set
• Negative Sentiment: Short interest rose ~21.7% between mid‑ and end‑January to ~7.45M shares (about 0.2% of float) with a ~4.0 days‑to‑cover — an uptick in shorting could add selling pressure or volatility if sentiment worsens.

Analysts Set New Price Targets

Several analysts have recently weighed in on HSBC shares. Bank of America raised HSBC from a “neutral” rating to a “buy” rating in a report on Wednesday, December 10th. Weiss Ratings reiterated a “hold (c+)” rating on shares of HSBC in a research note on Monday, December 29th. Citigroup restated a “buy” rating on shares of HSBC in a research note on Friday, January 9th. Erste Group Bank upgraded shares of HSBC from a “hold” rating to a “buy” rating in a research report on Thursday, November 20th. Finally, Keefe, Bruyette & Woods raised HSBC from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, HSBC currently has a consensus rating of “Moderate Buy” and a consensus target price of $63.00.

HSBC Stock Performance

The stock has a 50 day moving average price of $81.27 and a two-hundred day moving average price of $72.49. The company has a market capitalization of $306.98 billion, a price-to-earnings ratio of 18.81, a price-to-earnings-growth ratio of 0.96 and a beta of 0.52. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.92 and a quick ratio of 0.92.

Institutional Trading of HSBC

A number of hedge funds and other institutional investors have recently modified their holdings of HSBC. Mather Group LLC. bought a new position in HSBC in the 3rd quarter valued at $25,000. NewSquare Capital LLC lifted its stake in shares of HSBC by 152.6% during the second quarter. NewSquare Capital LLC now owns 432 shares of the financial services provider’s stock valued at $26,000 after acquiring an additional 261 shares during the period. Measured Wealth Private Client Group LLC bought a new position in HSBC in the third quarter valued at about $26,000. Retirement Wealth Solutions LLC acquired a new stake in HSBC in the third quarter worth about $32,000. Finally, Binnacle Investments Inc lifted its position in HSBC by 80.5% during the 3rd quarter. Binnacle Investments Inc now owns 444 shares of the financial services provider’s stock valued at $32,000 after purchasing an additional 198 shares during the period. Institutional investors and hedge funds own 1.48% of the company’s stock.

HSBC Company Profile

HSBC Holdings plc (NYSE: HSBC) is a multinational banking and financial services organization headquartered in London. It traces its origins to the Hongkong and Shanghai Banking Corporation, founded in 1865 to facilitate trade between Europe and Asia, and has since grown into one of the world’s largest banking groups. The company is publicly listed in multiple markets, including the London Stock Exchange, the Hong Kong Stock Exchange and as an American depositary receipt on the New York Stock Exchange.

HSBC operates a universal banking model, serving retail, commercial, corporate and institutional clients.