HSBC Holdings plc (LON:HSBA) insider Douglas J. Flint purchased 20 shares of HSBC Holdings plc stock in a transaction on Thursday, July 27th. The shares were acquired at an average cost of GBX 753 ($9.78) per share, for a total transaction of £150.60 ($195.51).
Shares of HSBC Holdings plc (HSBA) traded down 1.22% during mid-day trading on Thursday, hitting GBX 738.90. The stock had a trading volume of 7,991,276 shares. The stock has a 50-day moving average price of GBX 740.79 and a 200 day moving average price of GBX 686.51. HSBC Holdings plc has a 52 week low of GBX 518.17 and a 52 week high of GBX 772.00. The stock’s market cap is GBX 149.77 billion.
The company also recently announced a dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Thursday, August 3rd will be given a dividend of $0.10 per share. This represents a yield of 1.02%. The ex-dividend date is Thursday, August 3rd.
A number of brokerages have weighed in on HSBA. J P Morgan Chase & Co set a GBX 690 ($8.96) price target on HSBC Holdings plc and gave the stock a “neutral” rating in a research note on Thursday, August 10th. Citigroup Inc. set a GBX 850 ($11.03) target price on HSBC Holdings plc and gave the stock a “buy” rating in a research report on Friday, August 4th. Barclays PLC increased their target price on HSBC Holdings plc from GBX 650 ($8.44) to GBX 700 ($9.09) and gave the stock an “equal weight” rating in a research report on Tuesday, August 1st. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating and issued a GBX 770 ($10.00) target price on shares of HSBC Holdings plc in a research report on Tuesday, August 1st. Finally, Deutsche Bank AG increased their target price on HSBC Holdings plc from GBX 695 ($9.02) to GBX 737 ($9.57) and gave the stock a “hold” rating in a research report on Tuesday, August 1st. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 680.15 ($8.83).
About HSBC Holdings plc
HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.
Receive News & Ratings for HSBC Holdings plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HSBC Holdings plc and related companies with our FREE daily email newsletter.