HSBC Holdings plc (LON:HSBA - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 882.35 ($11.10) and last traded at GBX 878.84 ($11.06), with a volume of 20156455 shares. The stock had previously closed at GBX 875.60 ($11.02).
Wall Street Analyst Weigh In
Separately, Citigroup restated a "top pick" rating on shares of HSBC in a report on Thursday, December 12th. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of GBX 795 ($10.00).
View Our Latest Stock Report on HSBC
HSBC Trading Down 0.7 %
The stock's 50-day simple moving average is GBX 803.62 and its 200-day simple moving average is GBX 723.07. The firm has a market capitalization of £194.17 billion, a P/E ratio of 8.36, a P/E/G ratio of 5.97 and a beta of 0.52.
About HSBC
(
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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.
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