HSBC Holdings plc 6.5% Potential Upside Indicated by JP Morgan Cazenove

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HSBC Holdings plc with EPIC/TICKER (LON:HSBA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. HSBC Holdings plc are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set their target price at 690 GBX on its stock. This would imply the analyst believes there is now a potential upside of 6.5% from the opening price of 648 GBX. Over the last 30 and 90 trading days the company share price has increased 1 points and increased 33.8 points respectively. The 1 year high for the stock price is 789.9 GBX while the 52 week low for the share price is 596.4 GBX.

HSBC Holdings plc has a 50 day moving average of 657.36 GBX and the 200 Day Moving Average price is recorded at 687.32. There are currently 20,035,547,017 shares in issue with the average daily volume traded being 21,729,562. Market capitalisation for LON:HSBA is £130,611,735,895 GBP.

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