In a report released today, Jason Napier from UBS maintained a Hold rating on HSBC Holdings, with a price target of £9.80. The company’s shares opened today at p986.70.
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Napier covers the Financial sector, focusing on stocks such as HSBC Holdings, BNP Paribas, and Lloyds Banking. According to TipRanks, Napier has an average return of 22.7% and a 67.56% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HSBC Holdings with a p1,052.08 average price target, implying a 6.63% upside from current levels. In a report released on October 9, J.P. Morgan also maintained a Hold rating on the stock with a £9.40 price target.
HSBA market cap is currently £171.4B and has a P/E ratio of 12.83.
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