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HSBC Holdings plc 2.1% Potential Decrease Indicated by UBS

Broker Ratings
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HSBC Holdings plc with EPIC/TICKER (LON:HSBA) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ today by analysts at UBS. HSBC Holdings plc are listed in the Financials sector within UK Main Market. UBS have set a target price of 575 GBX on its stock. This now indicates the analyst believes there is a potential downside of -2.1% from the opening price of 587.4 GBX. Over the last 30 and 90 trading days the company share price has decreased 32.5 points and decreased 70.7 points respectively. The 1 year high stock price is 687.7 GBX while the 52 week low for the stock is 578.2 GBX.

HSBC Holdings plc has a 50 day moving average of 611.31 GBX and the 200 Day Moving Average price is recorded at 640.14. There are currently 20,260,290,492 shares in issue with the average daily volume traded being 34,071,259. Market capitalisation for LON:HSBA is £118,016,192,115 GBP.

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