Stock On the Run: HSBC Holdings plc (NYSE:HSBC)

HSBC Holdings plc (NYSE:HSBC)

CLSA Upgrades HSBC Holdings plc (NYSE:HSBC)’s stock to Buy with no specific Price Target. This rating was issued on 5/07/18. The stock recently closed its previous session at $41.78 by showing a percentage change of -3.22% from its previous day closing price of $43.17.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on HSBC Holdings plc (NYSE:HSBC) in which Morgan Stanley Upgrades HSBC Holdings plc (NYSE:HSBC) to Equal-Weight with no specific Price Target on 12/05/16. Credit Suisse Initiates Coverage On the stock to Neutral on 11/29/16 with no specific Price Target. Bernstein Upgrades the company’s stock to Market Perform on 11/21/16 with no specific Price Target. UBS Downgrades HSBC Holdings plc (NYSE:HSBC) to Neutral with no specific Price Target.

HSBC Holdings plc (NYSE:HSBC) currently has a consensus Price Target of $49. While some analysts have a High Price target for the stock of $51.71 and a Low Price Target of $46.3.

Several sell side analysts reviewed their recommendations on HSBC Holdings plc (NYSE:HSBC) where 1 analyst have rated the stock as Strong Buy, 0 analysts said it’s a Buy, 0 rated the stock as Hold, 0 analysts reported Underperform and 0 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 2.17. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

HSBC Holdings plc (NYSE:HSBC) has a market capitalization of 164.45 Billion. The stock traded with the volume of 3.87 Million shares in the last trading session. The stock touched its high share price of $55.89 on 01/24/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/11/18 as $42.46. The company has a 1 Year high price target of $51.71. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -5.17%. The Moving Average SMA50 is -6.49% while SMA200 is -14.03%.

HSBC Holdings plc (NYSE:HSBC) is currently showing its ROA (Return on Assets) of 0%. The Return on Investment (ROI) is at 5.9% while it’s Return on Equity (ROE) value stands at 0%. The stock currently shows its YTD (Year to Date) performance of -19.09 percent while its Weekly performance value is -5.48%. The Monthly and Yearly performances are -2.68 percent and -16.44 percent respectively. The Relative Volume value measured for HSBC Holdings plc (NYSE:HSBC) is 3.21. The Average Volume (3 months) is 1.21 Million.

The stock currently has its Annual Dividend of $2 and an annual Dividend Yield of 4.79 Percent. HSBC has P/E (Price to Earnings ttm) value of 15.07, Forward P/E of 11.02, P/C (Price to cash per share) of 0.16 and Price to Free Cash Flow (P/FCF) value of 0. The stock is showing its Operating Margin of 0 percent.

Company Profile:

HSBC HOLDINGS is one of the largest banking and financial services organisations in the world. Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.