Trade Report: Today, HSBC Holdings plc’s (HSBA) “Neutral” Rating Reiterate at Goldman Sachs Group Inc.

Today, HSBC Holdings plc’s (HSBA) “Neutral” Rating Reiterate at Goldman Sachs Group Inc.

HSBC Holdings plc (LON:HSBA)‘s stock had its “neutral” rating reaffirmed by research analysts at Goldman Sachs Group Inc. in a research note issued on Sunday, StockTargetPrices.com reports. They currently have a GBX 685 ($8.56) price target on the stock. Goldman Sachs Group Inc.’s target price indicates a potential upside of 6.86% from the stock’s previous close.

A number of other equities research analysts also recently issued reports on the stock. Berenberg Bank reissued a “buy” rating and set a GBX 600 ($7.50) price objective on shares of HSBC Holdings plc in a research report on Friday. Deutsche Bank AG reissued a “hold” rating and set a GBX 579 ($7.23) price objective on shares of HSBC Holdings plc in a research report on Thursday. BNP Paribas reissued a “neutral” rating and set a GBX 630 ($7.87) price objective on shares of HSBC Holdings plc in a research report on Friday, November 18th. Natixis reissued a “neutral” rating and set a GBX 672 ($8.40) price objective (up previously from GBX 478 ($5.97)) on shares of HSBC Holdings plc in a research report on Thursday, November 17th. Finally, Macquarie reaffirmed a “neutral” rating and issued a GBX 560 ($7.00) target price on shares of HSBC Holdings plc in a report on Thursday, November 17th. Four analysts have rated the stock with a sell rating, fourteen have issued a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 561.14 ($7.01).

The business also recently announced a dividend, which will be paid on Tuesday, December 6th. Shareholders of record on Thursday, October 20th will be paid a GBX 0.10 ($0.00) dividend. The ex-dividend date is Thursday, October 20th. This represents a yield of 1.32%.

In other HSBC Holdings plc news, insider Evans,Lord acquired 1,754 shares of the company’s stock in a transaction dated Wednesday, August 31st. The shares were purchased at an average cost of GBX 566 ($7.07) per share, for a total transaction of £9,927.64 ($12,403.35). Also, insider Marc Moses acquired 20,305 shares of the company’s stock in a transaction dated Monday, November 14th. The shares were acquired at an average price of GBX 620 ($7.75) per share, for a total transaction of £125,891 ($157,285.11).

About HSBC Holdings plc

Related posts

Leave a Comment