HSBC Holdings plc (LON:HSBA) insider Douglas J. Flint bought 24 shares of the business’s stock in a transaction that occurred on Monday, November 28th. The stock was purchased at an average price of GBX 632 ($7.84) per share, for a total transaction of £151.68 ($188.17).
Shares of HSBC Holdings plc (LON:HSBA) traded down 1.28% during mid-day trading on Monday, hitting GBX 632.80. The stock had a trading volume of 25,934,893 shares. HSBC Holdings plc has a 12 month low of GBX 392.37 and a 12 month high of GBX 645.60. The stock’s 50-day moving average is GBX 622.74 and its 200 day moving average is GBX 531.07. The company’s market cap is GBX 43.03 billion.
The company also recently disclosed a dividend, which will be paid on Tuesday, December 6th. Investors of record on Thursday, October 20th will be given a dividend of GBX 0.10 ($0.00) per share. This represents a yield of 1.32%. The ex-dividend date is Thursday, October 20th.
A number of equities analysts recently issued reports on HSBA shares. Societe Generale reiterated a “buy” rating and issued a GBX 510 ($6.33) target price on shares of HSBC Holdings plc in a report on Friday, September 9th. BNP Paribas reiterated a “neutral” rating and issued a GBX 540 ($6.70) target price on shares of HSBC Holdings plc in a report on Tuesday, October 4th. Morgan Stanley increased their target price on HSBC Holdings plc from GBX 438 ($5.43) to GBX 450 ($5.58) and gave the stock an “underweight” rating in a report on Thursday, October 6th. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 525 ($6.51) target price on shares of HSBC Holdings plc in a report on Thursday, October 13th. Finally, Barclays PLC reiterated an “equal weight” rating and issued a GBX 550 ($6.82) target price on shares of HSBC Holdings plc in a report on Thursday, October 6th. Four equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 563.41 ($6.99).