HSBC Holdings plc 1% Potential Decrease Indicated by UBS

Broker Ratings
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HSBC Holdings plc with EPIC/TICKER (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 600 GBX on its stock. This would imply the analyst believes there is a potential downside of -1.0% from the opening price of 606 GBX. Over the last 30 and 90 trading days the company share price has decreased 6.9 points and decreased 62.9 points respectively. The 1 year high stock price is 687.7 GBX while the 52 week low for the share price is 578.2 GBX.

HSBC Holdings plc has a 50 day moving average of 610.83 GBX and a 200 day moving average of 641.49. There are currently 20,260,290,492 shares in issue with the average daily volume traded being 35,293,063. Market capitalisation for LON:HSBA is £123,233,216,917 GBP.

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