HSBC Holdings plc (LON:HSBA) insider Stuart Thomson Gulliver sold 138,143 shares of the company’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of GBX 732 ($9.45), for a total transaction of £1,011,206.76 ($1,305,962.50).
HSBC Holdings plc (LON HSBA) opened at 708.00 on Friday. The stock’s market cap is GBX 143.51 billion. HSBC Holdings plc has a 1-year low of GBX 518.17 and a 1-year high of GBX 772.00. The company has a 50-day moving average of GBX 744.34 and a 200 day moving average of GBX 694.45.
The business also recently announced a dividend, which will be paid on Wednesday, September 20th. Shareholders of record on Thursday, August 3rd will be given a $0.10 dividend. The ex-dividend date is Thursday, August 3rd. This represents a yield of 1.02%.
HSBA has been the subject of a number of research reports. Morgan Stanley upgraded shares of HSBC Holdings plc to an “overweight” rating and upped their target price for the stock from GBX 745 ($9.62) to GBX 850 ($10.98) in a research report on Thursday, June 29th. Goldman Sachs Group, Inc. (The) set a GBX 740 ($9.56) target price on shares of HSBC Holdings plc and gave the stock a “neutral” rating in a research report on Friday, June 16th. Credit Suisse Group restated a “neutral” rating and set a GBX 630 ($8.14) target price on shares of HSBC Holdings plc in a research report on Friday, June 30th. UBS AG set a GBX 725 ($9.36) target price on shares of HSBC Holdings plc and gave the stock a “neutral” rating in a research report on Friday, August 18th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and set a GBX 690 ($8.91) price objective on shares of HSBC Holdings plc in a research report on Tuesday, August 1st. Three equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 702.90 ($9.08).
About HSBC Holdings plc
HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.
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