HSBC Holdings plc 14.6% potential upside indicated by RBC Capital Markets

HSBC Holdings plc with ticker (LON:HSBA) now has a potential upside of 14.6% according to RBC Capital Markets.



RBC Capital Markets set a target price of 590 GBX for the company, which when compared to the HSBC Holdings plc share price of 504 GBX at opening today (09/05/2022) indicates a potential upside of 14.6%. Trading has ranged between 330 (52 week low) and 567 (52 week high) with an average of 30,210,571 shares exchanging hands daily. The market capitalisation at the time of writing is £103,544,880,600.

HSBC Holdings plc (HSBC) is a banking and financial services company. The Company manages its products and services through three businesses: Wealth and Personal Banking (WPB), Commercial Banking (CMB), and Global Banking and Markets (GBM). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America, and Latin America. WPB business offers Retail Banking, Wealth Management, Asset Management and Insurance. CMB products and services to serve the needs of commercial customers, including small and medium-sized enterprises, mid-market enterprises and corporates. It includes credit and lending, international trade and receivables finance, treasury management and liquidity solutions, commercial insurance and investments. GBM supports government, corporate and institutional clients, and private investors across the world.