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HSBC (HSBA) Stock Forecast & Price Target

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GBX 724.30 -3.50 (-0.48%)
(As of 12:00 PM ET)

HSBC - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
4

Based on 6 Wall Street analysts who have issued ratings for HSBC in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 2 have given a hold rating, and 4 have given a buy rating for HSBA.

Consensus Price Target

GBX 795
According to the 6 analysts' twelve-month price targets for HSBC, the average price target is GBX 795. The highest price target for HSBA is GBX 870, while the lowest price target for HSBA is GBX 700. The average price target represents a forecasted upside of 9.76% from the current price of GBX 724.30.
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HSBA Analyst Ratings Over Time

TypeCurrent Forecast
11/20/23 to 11/19/24
1 Month Ago
10/21/23 to 10/20/24
3 Months Ago
8/22/23 to 8/21/24
1 Year Ago
11/20/22 to 11/20/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
8 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 795GBX 795GBX 800GBX 787.60
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy

HSBA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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HSBA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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HSBC Stock vs. The Competition

TypeHSBCFinancial Services Companies
Consensus Rating Score
2.67
2.63
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent HSBA News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/2/2024Citigroup
3 of 5 stars
 Reiterated RatingBuy
8/21/2024Berenberg Bank
2 of 5 stars
 Reiterated RatingBuyGBX 870+33.13%
5/2/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetNeutralGBX 660 ➝ GBX 700-1.44%
4/30/2024Shore Capital
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 Reiterated RatingBuy
2/29/2024Barclays
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 Reiterated RatingOverweightGBX 800+30.02%
11/22/2023Royal Bank of Canada
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 DowngradeSector Perform
9/15/2023Bank of America
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 Reiterated RatingBuyGBX 820+30.97%
6/26/2023Jefferies Financial Group
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 Reiterated RatingTop Pick
6/14/2023CICC Research
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 UpgradeOutperformGBX 763.55+24.84%
5/3/2023Deutsche Bank Aktiengesellschaft
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 Boost TargetBuyGBX 880 ➝ GBX 1,000+68.27%
3/31/2023Credit Suisse Group
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Omar Keenan
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Set TargetGBX 580+5.59%
3/14/2023UBS Group
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Jason Napier
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Set TargetGBX 700+21.44%
2/21/2023The Goldman Sachs Group
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Martin Leitgeb
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Set TargetGBX 745+21.53%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:24 PM ET.


Should I Buy HSBC Stock? HSBA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, November 3, 2024. Please send any questions or comments about these HSBC pros and cons to contact@marketbeat.com.

HSBC
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in HSBC Holdings plc:

  • HSBC's stock price has crossed above its 200-day moving average, indicating a potential uptrend in the stock.
  • HSBC has a diverse range of banking and financial services worldwide, providing stability and potential for growth.
  • Analysts have given HSBC a "Moderate Buy" rating with a consensus price target of GBX 795, suggesting potential upside.
  • HSBC's market capitalization of £121.55 billion indicates its position as a major player in the banking industry.
  • HSBC's dividend yield of 1.15% may be attractive to income-focused investors seeking regular returns.

HSBC
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in HSBC Holdings plc for these reasons:

  • HSBC's price-to-earnings ratio of 764.71 and price-to-earnings-growth ratio of 5.03 may indicate overvaluation compared to industry peers.
  • HSBC recently disclosed a dividend payout ratio of 5,517.24%, which could raise concerns about sustainability and future growth.
  • HSBC's beta of 0.52 suggests lower volatility compared to the market, potentially limiting short-term trading opportunities.
  • HSBC's 50-day moving average of GBX 660.82 is below the 200-day moving average, indicating a possible short-term bearish trend.
  • HSBC's recent performance shows a 4.2% decline, reflecting potential challenges in the current market environment.

HSBA Forecast - Frequently Asked Questions

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for HSBC is GBX 795, with a high forecast of GBX 870 and a low forecast of GBX 700.

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HSBC in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HSBA shares.

According to analysts, HSBC's stock has a predicted upside of 9.76% based on their 12-month stock forecasts.

HSBC has been rated by research analysts at Berenberg Bank, and Citigroup in the past 90 days.

Analysts like HSBC more than other "financial services" companies. The consensus rating score for HSBC is 2.67 while the average consensus rating score for "financial services" companies is 2.62. Learn more on how HSBA compares to other companies.


This page (LON:HSBA) was last updated on 11/19/2024 by MarketBeat.com Staff
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