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HSBC Holdings plc 1.7% Potential Decrease Indicated by UBS

Broker Ratings
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HSBC Holdings plc using EPIC/TICKER code (LON:HSBA) had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at UBS. HSBC Holdings plc are listed in the Financials sector within UK Main Market. UBS have set their target price at 625 GBX on its stock. This is indicating the analyst believes there is a potential downside of -1.7% from the opening price of 635.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 5.8 points and decreased 18 points respectively. The 1 year high share price is 750.7 GBX while the 52 week low for the share price is 596.4 GBX.

HSBC Holdings plc has a 50 day moving average of 651.89 GBX and a 200 Day Moving Average share price is recorded at 679.76. There are currently 20,036,177,756 shares in issue with the average daily volume traded being 20,426,196. Market capitalisation for LON:HSBA is £126,368,175,552 GBP.

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