HSBC (HSBC) Stock Forecast & Price Target

$46.68 +0.36 (+0.78%)

(As of 04:32 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

Hold

Based on 3 Analyst Ratings

Sell
1

Hold
1

Buy
1

Based on 3 Wall Street analysts who have issued ratings for HSBC in the last 12 months, the stock has a consensus rating of "Hold." Out of the 3 analysts, 1 has given a sell rating, 1 has given a hold rating, and 1 has given a strong buy rating for HSBC.

Consensus Price Target

N/A

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HSBC Analyst Ratings Over Time

Type	Current Forecast 11/28/23 to 11/27/24	1 Month Ago 10/29/23 to 10/28/24	3 Months Ago 8/30/23 to 8/29/24	1 Year Ago 11/28/22 to 11/28/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	1 Buy rating(s)	6 Buy rating(s)
Hold	1 Hold rating(s)	2 Hold rating(s)	3 Hold rating(s)	2 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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HSBC 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.

HSBC 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.

HSBC Stock vs. The Competition

Type	HSBC	Finance Companies	S&P 500
Consensus Rating Score	2.33	2.49	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	N/A	9.48% Upside	6.73% Upside
News Sentiment Rating	Neutral News See Recent HSBC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target
7/31/2024	Dbs Bank 0 of 5 stars	M. Lu Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
3/27/2024	Barclays 3 of 5 stars		Reiterated Rating	Overweight ➝ Equal Weight
1/16/2024	BNP Paribas 3 of 5 stars		Downgrade	Neutral ➝ Underperform
11/22/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Sector Perform
10/17/2023	Societe Generale Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Hold ➝ Sell
9/12/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
Get the Latest News and Ratings for HSBC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for HSBC and its competitors with MarketBeat's FREE daily newsletter.
8/29/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Neutral
8/7/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight
8/3/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 780 ➝ GBX 820
8/1/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 675 ➝ GBX 722
6/14/2023	CICC Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Market Perform ➝ Outperform
5/4/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 650 ➝ GBX 730
5/3/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		GBX 880 ➝ GBX 1,000
1/5/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:35 PM ET.

Should I Buy HSBC Stock? HSBC 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 Friday, November 22, 2024. Please send any questions or comments about these HSBC pros and cons to contact@marketbeat.com.

HSBC
Bull Case

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

HSBC Holdings plc recently reached a new 52-week high, with the stock trading at $47.23, indicating strong market performance and investor confidence.
The company reported a solid quarterly earnings per share (EPS) of $1.65, showcasing its profitability and operational efficiency.
HSBC has a competitive dividend yield of approximately 4.23%, providing a steady income stream for investors, which is attractive in a low-interest-rate environment.
The firm has a return on equity (ROE) of 10.60%, reflecting effective management and the ability to generate profits from shareholders' equity.
Analysts have upgraded HSBC to a "strong-buy" rating, suggesting positive future performance and potential for stock price appreciation.

HSBC
Bear Case

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

Despite recent upgrades, the stock has a relatively low price-to-earnings (P/E) ratio of 7.81, which may indicate that the market has concerns about future growth prospects.
HSBC's current ratio is 0.96, suggesting that the company may have difficulty meeting its short-term liabilities, which could pose a risk in times of financial strain.
The firm has a beta of 0.56, indicating lower volatility compared to the market, which may limit potential gains during bullish market conditions.
HSBC's dividend payout ratio is 32.73%, which, while sustainable, may limit the company's ability to reinvest profits into growth opportunities.
Recent modifications in hedge fund holdings indicate mixed sentiment among institutional investors, which could reflect uncertainty about the company's future performance.

HSBC Forecast - Frequently Asked Questions

: 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HSBC in the last year. There is currently 1 sell rating, 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" HSBC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HSBC, but not buy additional shares or sell existing shares.
: According to analysts, HSBC's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: HSBC also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.
: Analysts like HSBC less than other "finance" companies. The consensus rating score for HSBC is 2.33 while the average consensus rating score for "finance" companies is 2.49. Learn more on how HSBC compares to other companies.

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This page (NYSE:HSBC) was last updated on 11/27/2024 by MarketBeat.com Staff

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HSBC (HSBC) Stock Forecast & Price Target