HSBC (NYSE:HSBC) Rating Lowered to “Strong Sell” at BNP Paribas Exane

HSBC (NYSE:HSBC) was downgraded by investment analysts at BNP Paribas Exane from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other equities research analysts have also weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of HSBC in a research note on Tuesday, June 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of HSBC in a research note on Monday. Citigroup downgraded shares of HSBC from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. Erste Group Bank cut shares of HSBC from a “buy” rating to a “hold” rating in a report on Wednesday, July 15th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of HSBC in a research note on Thursday, May 14th. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

HSBC Stock Down 3.2%

HSBC stock opened at $102.63 on Tuesday. HSBC has a 1-year low of $62.43 and a 1-year high of $107.92. The business has a fifty day moving average price of $97.34 and a 200-day moving average price of $90.82. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.92 and a quick ratio of 0.92. The stock has a market capitalization of $352.72 billion, a price-to-earnings ratio of 14.56, a PEG ratio of 0.94 and a beta of 0.57.

HSBC (NYSE:HSBC) last announced its earnings results on Tuesday, August 4th. The financial services provider reported $2.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.24 by $0.01. HSBC had a return on equity of 13.74% and a net margin of 18.19%.The company had revenue of $19.04 billion for the quarter, compared to analyst estimates of $18.66 billion. Equities research analysts forecast that HSBC will post 8.64 EPS for the current fiscal year.

Hedge Funds Weigh In On HSBC

A number of institutional investors have recently bought and sold shares of the business. Fisher Asset Management LLC lifted its stake in HSBC by 2.3% during the 4th quarter. Fisher Asset Management LLC now owns 17,800,748 shares of the financial services provider’s stock valued at $1,400,385,000 after acquiring an additional 402,288 shares during the period. Morgan Stanley raised its holdings in shares of HSBC by 15.3% during the fourth quarter. Morgan Stanley now owns 7,483,883 shares of the financial services provider’s stock worth $588,757,000 after purchasing an additional 993,473 shares during the last quarter. Northern Trust Corp lifted its position in HSBC by 4.7% during the third quarter. Northern Trust Corp now owns 3,045,134 shares of the financial services provider’s stock valued at $216,144,000 after purchasing an additional 136,342 shares during the period. Bank of America Corp DE boosted its holdings in HSBC by 5.5% in the first quarter. Bank of America Corp DE now owns 2,385,883 shares of the financial services provider’s stock valued at $196,811,000 after purchasing an additional 124,201 shares during the last quarter. Finally, Clearbridge Investments LLC raised its stake in shares of HSBC by 77.0% during the 4th quarter. Clearbridge Investments LLC now owns 1,443,716 shares of the financial services provider’s stock valued at $113,577,000 after buying an additional 627,857 shares during the last quarter. 1.48% of the stock is owned by hedge funds and other institutional investors.

More HSBC News

Here are the key news stories impacting HSBC this week:

• Positive Sentiment: HSBC expanded its debt tender offer and increased the maximum amount allocated to repurchasing certain senior notes, including the May 2028 notes. The move could improve funding efficiency and reduce outstanding debt. HSBC Expands Debt Tender Offer and Raises May 2028 Notes Cap
• Positive Sentiment: HSBC’s second-quarter results showed strong momentum: pre-tax profit rose about 60% year over year to $10.1 billion, supported by higher revenue, lower costs and improved credit impairments. The bank also raised its 2026 banking net-interest-income outlook. HSBC Q2 Pre-Tax Earnings Improve Year over Year
• Positive Sentiment: The company declared a quarterly dividend of $0.50 per share, payable September 25 to shareholders of record August 14. HSBC also plans to resume share buybacks of up to $1 billion, reinforcing its capital-return program. HSBC Resumes Share Buybacks on Earnings Beat
• Neutral Sentiment: HSBC identified 10 Indian stocks, including ICICI Bank, Titan, M&M and Adani Ports, that it expects to benefit from potential foreign-equity inflows of up to $25 billion into India. The recommendations highlight HSBC’s research and regional franchise, but do not directly change HSBC’s earnings outlook. HSBC India Stock Picks
• Negative Sentiment: Investors focused on elevated expected credit losses, including exposures tied to UK fraud and Hong Kong commercial real estate, while HSBC’s CET1 ratio declined to 14.1%. Some investors also viewed the $1 billion buyback as modest relative to the stock’s recent rally. HSBC Credit Risk and Capital Questions
• Negative Sentiment: Citi downgraded HSBC to “neutral” from “buy,” arguing that the shares may need to consolidate after their sharp advance. The bank trades at approximately 11 times forward earnings and 2.2 times tangible book value, limiting near-term upside in Citi’s view. Citi Downgrades HSBC to Neutral
• Negative Sentiment: Reports that China is taxing returns from offshore insurance policies triggered a broader sell-off in Asia-focused financial stocks, including HSBC, on concern that the policy could weaken demand from mainland customers. China Closes Offshore Tax Loophole

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.