Shares of HSBC Holdings plc (LON:HSBA - Get Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 908.80 ($11.43) and last traded at GBX 902.90 ($11.35), with a volume of 226951859 shares changing hands. The stock had previously closed at GBX 899.50 ($11.31).
Wall Street Analyst Weigh In
Separately, Citigroup reissued a "top pick" rating on shares of HSBC in a research report on Thursday, December 12th.
Read Our Latest Stock Analysis on HSBA
HSBC Stock Up 1.6 %
The business's 50-day moving average price is GBX 831.01 and its 200-day moving average price is GBX 738.45. The firm has a market capitalization of £206.88 billion, a PE ratio of 8.91, a price-to-earnings-growth ratio of 5.97 and a beta of 0.52.
About HSBC
(
Get Free Report)
With assets of $3.0tn and operations in 62 countries and territories at 31 December 2022, HSBC is one of the largest banking and financial services organisations in the world. We serve approximately 39 million personal, wealth and corporate customers through three global businesses. We have around 180,000 shareholders in 126 countries and territories.
Featured Stories
Before you consider HSBC, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and HSBC wasn't on the list.
While HSBC currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
