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HSBC Holdings plc 2.8% Potential Decrease Indicated by UBS

Broker Ratings
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HSBC Holdings plc using EPIC/TICKER code (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 635 GBX on its stock. This now indicates the analyst believes there is a potential downside of -2.8% from today’s opening price of 653 GBX. Over the last 30 and 90 trading days the company share price has increased 0.3 points and increased 3 points respectively. The 52 week high for the stock is 749.9 GBX while the 52 week low for the stock is 596.4 GBX.

HSBC Holdings plc has a 50 day moving average of 645.17 GBX and a 200 day moving average of 656.75. There are currently 20,236,188,589 shares in issue with the average daily volume traded being 20,769,113. Market capitalisation for LON:HSBA is £131,899,474,752 GBP.

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