How Analysts Feel About HSBC Holdings plc (ADR) (NYSE

Cornelia Mascio
Agosto 18, 2017

Zacks Investment Research raised shares of HSBC Holdings PLC from a "hold" rating to a "buy" rating and set a $49.00 target price for the company in a research note on Thursday, May 11th. Finally, Shore Capital restated a sell rating on shares of HSBC Holdings plc in a research report on Thursday, May 4th. Three equities research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and four have assigned a buy recommendation to the company. Tesco PLC has a consensus rating of "Hold" and an average price target of GBX 192.25 ($2.50).

HSBC Holdings PLC (NYSE:HSBC) last issued its earnings results on Monday, July 31st. Tesco PLC has a 1-year low of GBX 154.83 and a 1-year high of GBX 219.40. The firm has a 50-day moving average price of GBX 740.79 and a 200-day moving average price of GBX 686.51. The company has market cap of 5.04 billion GBP. Also, insider Marc Moses acquired 17,083 shares of the company's stock in a transaction on Monday, August 14th. Penobscot Investment owns 11,692 shares. The return on equity ratio or ROE stands at 0 percent while most common profitability ratio return on investment (ROI) was 2.3 percent. The business had revenue of $13.17 billion for the quarter. LLC lowered its position in HSBC Holdings PLC (NYSE:HSBC) by 18.5% during the second quarter, according to its most recent filing with the SEC. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of United States and global trademark & copyright legislation. The original version of this piece can be accessed at https://www.thestockobserver.com/2017/08/15/j-sainsbury-plc-lonsbry-receives-consensus-recommendation-of-hold-from-analysts-updated.html.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Thursday, August 3rd will be given a $0.10 dividend. The ex-dividend date of this dividend is Thursday, August 3rd. This represents a $2.00 dividend on an annualized basis and a yield of 4.16%. HSBC Holdings PLC's payout ratio is 400.01%. Keybank National Association acquired 23,125 shares as Hsbc Hldgs Plc (HSBC)'s stock declined 1.28%. "(The) Reaffirms Neutral Rating for HSBC Holdings plc (LON:HSBA)" was first published by StockNewsTimes and is the property of of StockNewsTimes. The company had a trading volume of 756,948 shares. Parametric Portfolio Associates LLC now owns 1,850,523 shares of the financial services provider's stock valued at $75,538,000 after buying an additional 334,869 shares in the last quarter. MA increased its position in HSBC Holdings PLC by 9.0% in the first quarter. In the last 90 days, insiders bought 29,386 shares of company stock worth $21,786,380. They presently have a GBX 1,030 ($13.37) target price on the stock. Finally, Goldman Sachs Group, Inc. The brokerage now has a GBX 755 ($9.80) target price on the financial services provider's stock.

Several other institutional investors have also recently made changes to their positions in the company.

HSBC Holdings plc is the banking and financial services company. The Firm manages its services and products through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB).

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