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HSBC Holdings plc 20.6% Potential Upside Indicated by Goldman Sachs

Broker Ratings
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HSBC Holdings plc using EPIC/TICKER code (LON:HSBA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. HSBC Holdings plc are listed in the Financials sector within UK Main Market. Goldman Sachs have set their target price at 780 GBX on its stock. This now indicates the analyst believes there is a possible upside of 20.6% from today’s opening price of 647 GBX. Over the last 30 and 90 trading days the company share price has decreased 3 points and decreased 2.6 points respectively. The 1 year high share price is 764.3 GBX while the 52 week low for the stock is 596.4 GBX.

HSBC Holdings plc has a 50 day moving average of 652.16 GBX and a 200 Day Moving Average share price is recorded at 680.70. There are currently 20,036,177,756 shares in issue with the average daily volume traded being 18,931,367. Market capitalisation for LON:HSBA is £127,710,601,908 GBP.

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