HSBC (LON:HSBA – Get Free Report) had its price target hoisted by research analysts at Deutsche Bank Aktiengesellschaft from GBX 1,050 to GBX 1,200 in a report issued on Friday,Digital Look reports. The brokerage presently has a “hold” rating on the financial services provider’s stock. Deutsche Bank Aktiengesellschaft’s target price suggests a potential downside of 3.23% from the company’s previous close.
A number of other research analysts also recently commented on HSBA. Citigroup boosted their target price on HSBC from GBX 1,240 to GBX 1,320 and gave the company a “buy” rating in a research note on Friday, January 9th. JPMorgan Chase & Co. increased their price objective on HSBC from GBX 1,010 to GBX 1,060 and gave the stock a “neutral” rating in a report on Tuesday, December 2nd. Shore Capital reiterated a “hold” rating and issued a GBX 1,070 target price on shares of HSBC in a research note on Friday, January 9th. Finally, Royal Bank Of Canada increased their price target on shares of HSBC from GBX 950 to GBX 1,050 and gave the stock a “sector perform” rating in a research note on Thursday, October 30th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, HSBC presently has a consensus rating of “Hold” and an average price target of GBX 1,122.50.
View Our Latest Report on HSBC
HSBC Stock Down 0.3%
HSBC Company Profile
Further Reading
- Five stocks we like better than HSBC
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- Refund From 1933: Trump’s Reset May Create Instant Wealth
- The $100 Trillion AI Story No One Is Telling You
Receive News & Ratings for HSBC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HSBC and related companies with MarketBeat.com's FREE daily email newsletter.
