Key Points
- Insider sale: Pam Kaur sold 81,967 HSBC shares on March 11 at GBX 1,280, totaling £1,049,177.60.
- Stock snapshot: HSBA opened at GBX 1,192.40, with a 52-week range of GBX 698.70–1,410.60, a market cap of £204.38bn and a P/E of 9.94.
- Analyst consensus: Two analysts rate HSBC a Buy and four a Hold, leaving an average rating of "Hold" and an average price target of GBX 1,144.17 after several recent target increases.
HSBC Holdings plc (LON:HSBA - Get Free Report) insider Pam Kaur sold 81,967 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of GBX 1,280, for a total value of £1,049,177.60.
HSBC Stock Performance
Shares of HSBA stock opened at GBX 1,192.40 on Friday. HSBC Holdings plc has a fifty-two week low of GBX 698.70 and a fifty-two week high of GBX 1,410.60. The stock's fifty day moving average is GBX 1,264.28 and its two-hundred day moving average is GBX 1,125.57. The firm has a market capitalization of £204.38 billion, a P/E ratio of 9.94, a PEG ratio of 5.97 and a beta of 0.47.
Analyst Ratings Changes
HSBA has been the topic of several research reports. Shore Capital Group reissued a "hold" rating and issued a GBX 1,070 price target on shares of HSBC in a research note on Friday, January 9th. JPMorgan Chase & Co. increased their price objective on shares of HSBC from GBX 1,060 to GBX 1,190 and gave the company a "neutral" rating in a report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft raised their target price on shares of HSBC from GBX 1,050 to GBX 1,200 and gave the stock a "hold" rating in a research note on Friday, January 23rd. Finally, Citigroup upped their price target on HSBC from GBX 1,240 to GBX 1,320 and gave the company a "buy" rating in a research report on Friday, January 9th. Two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of GBX 1,144.17.
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Further Reading
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