HSBC Holdings plc 13.2% Potential Decrease Indicated by Deutsche Bank

Broker Ratings

HSBC Holdings plc using EPIC/TICKER code (LON:HSBA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘SELL’ today by analysts at Deutsche Bank. HSBC Holdings plc are listed in the Financials sector within UK Main Market. Deutsche Bank have set a target price of 520 GBX on its stock. This now indicates the analyst believes there is a potential downside of -13.2% from the opening price of 599.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 28 points and decreased 52.6 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 641.15 GBX and the 200 Day Moving Average price is recorded at 647.87. There are currently 20,167,928,677 shares in issue with the average daily volume traded being 39,826,568. Market capitalisation for LON:HSBA is £121,330,253,997 GBP.

Share on:
Find more news, interviews, share price & company profile here for:
    Join HSBC's Zoom meeting today featuring Georges Elhedery and Jonathan Bingham. Tune in at 7:45 am London time for insights on financial strategies.
    HSBC appoints Pam Kaur as Group Chief Financial Officer and Executive Director, effective January 2025, bringing nearly 40 years of global financial expertise.
    HSBC Holdings plc (LON:HSBA) announces the appointment of Jon Bingham as Interim Group CFO, effective 2 September 2024, while continuing as Global Financial Controller.

      Search

      Search