18 August, 2017
A number of other equities analysts have also commented on the stock. Analysts have placed a $41.22 price target on HSBC Holdings plc, suggesting a -13.71% decline from recent close. Bank of America upgraded HSBC Holdings plc (ADR) (NYSE:HSBC) on Thursday, August 4 to "Buy" rating. (The) restated a "sell" rating and issued a GBX 150 ($1.95) target price on shares of Tesco PLC in a report on Wednesday, April 12th. Out of 5 Wall Street analysts rating Hawaiian Holdings, 3 give it "Buy", 1 "Sell" rating, while 1 recommend "Hold". Deutsche Bank maintained it with "Buy" rating and GBX 3981 target in Friday, July 1 report.
Shares of HSBC Holdings PLC (NYSE HSBC) opened at 48.03 on Thursday. HSBC Holdings plc has a 1-year low of GBX 518.17 and a 1-year high of GBX 772.00. The stock's 50-day moving average price is GBX 247.93 and its 200 day moving average price is GBX 261.57. The company has market cap of $2.32 billion. Fisher Asset Management LLC raised its stake in shares of HSBC Holdings PLC by 4.0% in the second quarter. The firm owned 5,400 shares of the financial services provider's stock after buying an additional 355 shares during the period. The return on equity ratio or ROE stands at 0 percent while most common profitability ratio return on investment (ROI) was 2.3 percent. Bollard Group LLC's holdings in HSBC Holdings PLC were worth $1,561,000 at the end of the most recent reporting period. If you are reading this report on another website, it was stolen and republished in violation of USA & worldwide trademark & copyright law. The correct version of this article can be viewed at https://stocknewstimes.com/2017/08/16/goldman-sachs-group-inc-the-reiterates-neutral-rating-for-hsbc-holdings-plc-lonhsba-updated-updated.html.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Thursday, August 3rd will be paid a $0.10 dividend. The ex-dividend date is Wednesday, August 2nd. This represents a $2.00 dividend on an annualized basis and a yield of 4.16%. Hsbc Hldgs Plc Adr now has $195.13 billion valuation.
In related news, insider Jonathan Symonds purchased 10,000 shares of the business's stock in a transaction that occurred on Tuesday, August 1st. The stock of HSBC Holdings plc (ADR) (NYSE:HSBC) earned "Outperform" rating by BNP Paribas on Thursday, January 19. Cambiar Investors LLC now owns 6,581,634 shares of the financial services provider's stock valued at $268,662,000 after buying an additional 86,829 shares in the last quarter. Gradient Investments LLC boosted its position in shares of HSBC Holdings PLC by 3,252.7% in the first quarter. They now have a GBX 225 ($2.92) target price on the retailer's stock. Quadrant Capital Group LLC raised its position in HSBC Holdings PLC by 8.3% in the first quarter. The Company's segments include Retailing; Financial services, and Property investments. Hedge funds and other institutional investors own 2.26% of the company's stock. HSBC Holdings plc's price objective indicates a potential upside of 24.93% from the company's previous close. 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).
