HSBC Holdings plc (NYSE:HSBC – Get Free Report) has received an average recommendation of “Moderate Buy” from the thirteen research firms that are presently covering the company, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $63.00.
Several equities analysts have commented on HSBC shares. Citigroup restated a “buy” rating on shares of HSBC in a research note on Tuesday, October 21st. Jefferies Financial Group reissued a “hold” rating on shares of HSBC in a research note on Friday, October 10th. Erste Group Bank raised HSBC from a “hold” rating to a “buy” rating in a research report on Thursday, November 20th. Zacks Research raised HSBC from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of HSBC in a report on Monday, December 29th.
Institutional Trading of HSBC
More HSBC News
Here are the key news stories impacting HSBC this week:
- Positive Sentiment: HSBC senior strategist commentary signals improved investor sentiment — HSBC’s Kettner said investors “have been too bearish,” which can lift sentiment among institutional and retail holders and reduce selling pressure. Investors are realising they have been too bearish: HSBC’s Kettner
- Positive Sentiment: HSBC is deepening tech capabilities via a self‑hosted AI approach with Mistral AI — this could lower operational costs, speed product development and improve risk/data control across banking lines over the medium term. Self-Hosted AI in Banking: Lessons from HSBC’s Partnership with Mistral AI
- Neutral Sentiment: HSBC reported its six‑month block listing return for employee share schemes — a routine corporate disclosure that signals planned capacity to satisfy share awards; standard for large banks but worth monitoring for potential issuance. HSBC Files Six-Month Block Listing Return on Employee Share Schemes
- Neutral Sentiment: India’s HSBC Services PMI cooled to 58.0 from 59.8 — still strong expansion but a small deceleration in services activity in a key Asian market; relevant to regional revenue trends but not immediately company‑specific. India’s Services PMI Cools, Undershoots Market Expectations
- Neutral Sentiment: Analyst/momentum coverage notes HSBC has modest weekly gains — useful for momentum traders but not a driver of fundamentals. HSBC (HSBC) Is Up 0.60% in One Week: What You Should Know
- Negative Sentiment: HSBC UK is offering up to £750 cashback to new Premier customers — a customer acquisition promotion that may boost deposits but increases near‑term marketing/bonus costs and could pressure margins in the UK retail business. HSBC offering up to £750 cashback on new Premier accounts
- Negative Sentiment: HSBC has cut some mortgage rates in the UK — consumer relief may boost lending volumes but can compress net interest margin if wider lending repricing follows. HSBC Cuts Rates, Raising Hopes of Cheaper Home Loans
HSBC Stock Up 1.0%
Shares of NYSE:HSBC opened at $82.05 on Friday. The firm has a market capitalization of $281.86 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 0.99 and a beta of 0.52. HSBC has a 1 year low of $45.66 and a 1 year high of $83.03. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.92 and a quick ratio of 0.92. The firm’s 50-day moving average is $73.75 and its two-hundred day moving average is $68.30.
HSBC (NYSE:HSBC – Get Free Report) last posted its quarterly earnings data on Tuesday, October 28th. The financial services provider reported $1.80 EPS for the quarter, beating the consensus estimate of $1.65 by $0.15. HSBC had a net margin of 12.85% and a return on equity of 12.78%. The business had revenue of $17.79 billion during the quarter, compared to analyst estimates of $16.78 billion. Analysts predict that HSBC will post 6.66 EPS for the current year.
HSBC Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Friday, November 7th were given a dividend of $0.50 per share. This is an increase from HSBC’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, November 7th. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. HSBC’s dividend payout ratio is presently 41.68%.
About HSBC
HSBC Holdings plc (NYSE: HSBC) is a multinational banking and financial services organization headquartered in London. It traces its origins to the Hongkong and Shanghai Banking Corporation, founded in 1865 to facilitate trade between Europe and Asia, and has since grown into one of the world’s largest banking groups. The company is publicly listed in multiple markets, including the London Stock Exchange, the Hong Kong Stock Exchange and as an American depositary receipt on the New York Stock Exchange.
HSBC operates a universal banking model, serving retail, commercial, corporate and institutional clients.
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