Impact of Brokerage Rating on HSBC Holdings PLC(HSBC)

Many HSBC Holdings PLC(HSBC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. HSBC Holdings plc (ADR) was Upgraded by Exane BNP Paribas to Outperform on Jan 19, 2017. HSBC Holdings plc (ADR) was Upgraded by Morgan Stanley to Equal-Weight on Dec 6, 2016. HSBC Holdings plc (ADR) was Initiated by Credit Suisse to Neutral on Nov 29, 2016. HSBC Holdings plc (ADR) was Upgraded by Natixis Bleichroeder to Neutral on Nov 17, 2016.

HSBC Holdings plc (NYSE:HSBC) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 3 by 4 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 2 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.

HSBC Holdings plc (NYSE:HSBC): 2 Analyst have given the stock of HSBC Holdings plc (NYSE:HSBC) a near short term price target of $38.09. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $10.27. The higher price target estimate is at $45 while the lower price estimates are fixed at $31.

HSBC Holdings plc (NYSE:HSBC) rose 0.53% or 0.23 points on Tuesday and made its way into the gainers of the day. After trading began at $43.31 the stock was seen hitting $43.57 as a peak level and $43.29 as the lowest level. The stock ended up at $43.51. The daily volume was measured at 1,664,075 shares. The 52-week high of the share price is $43.57 and the 52-week low is $28.62. The company has a market cap of $172,413 million.

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.

HSBC

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