15 July, 2017
(The) in a note issued to investors on Friday, June 9th. Zacks Investment Research now has $49.00 target price on the financial services provider's stock. Deutsche Bank AG's price objective points to a potential upside of 12.08% from the stock's current price.
A number of other research analysts have also weighed in on the company.
HSBC Holdings plc (HSBC) share price jumped 0.54% to $48.16 in the last trading session. Barclays PLC lifted their price objective on shares of United Utilities Group PLC from GBX 960 ($12.44) to GBX 1,010 ($13.08) and gave the company an "equal weight" rating in a research report on Monday, June 12th. Wall Street is only getting more bullish on the stock, with 1 of analysts who cover HSBC having a buy-equivalent rating.
Glencore PLC using EPIC/TICKER code (LON:GLEN) had its stock rating noted as "Retains" with the recommendation being set at "BUY" this morning by analysts at HSBC. Seven equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. Numis Securities Ltd reiterated a "hold" rating and issued a GBX 2,923 ($37.86) price target on shares of Associated British Foods plc in a research report on Friday, April 21st. The company had a trading volume of 18,707,404 shares. The stock's market capitalization is GBX 22.56 billion.
HSBC Holdings plc (HSBC), launched on January 1, 1959, is the banking and financial services company.
The business also recently disclosed a dividend, which was paid on Wednesday, July 5th. Shareholders of record on Thursday, June 8th were given a GBX 11.35 ($0.15) dividend. The dividend yield was $4.18. The ex-dividend date of this dividend is Thursday, August 17th.
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In other news, insider Lord Evans bought 2,239 shares of the firm's stock in a transaction on Friday, May 19th. The shares were sold at an average price of GBX 1,622 ($21.01), for a total transaction of £1,805,513.08 ($2,338,747.51). Finally, BNP Paribas reiterated a "neutral" rating and set a GBX 1,600 ($20.73) target price on shares of Ashtead Group plc in a research report on Monday, March 20th. 713,186 shares of the stock traded hands.
HSBC Holdings plc (HSBC) is the banking and financial services company. The Company's segments include NEXT Retail, a chain of over 500 stores in the United Kingdom and Eire; NEXT Directory, an online and catalogue shopping business with over four million active customers and global Websites serving approximately 70 countries; NEXT worldwide Retail, with approximately 200 mainly franchised stores; NEXT Sourcing, which designs and sources NEXT branded products; Lipsy, which designs and sells Lipsy branded younger women's fashion products, and Property Management, which holds properties and property leases which are sub-let to other segments and external parties.
