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HSBC Holdings plc 15% Potential Upside Indicated by Citigroup

HSBC Holdings plc using EPIC/TICKER code (LON:HSBA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Citigroup. HSBC Holdings plc are listed in the Financials sector within UK Main Market. Citigroup have set their target price at 850 GBX on its stock. This would imply the analyst believes there is now a potential upside of 15.0% from today’s opening price of 738.9 GBX. Over the last 30 and 90 trading days the company share price has increased 1.7 points and increased 71.9 points respectively. The 1 year high for the stock price is 772 GBX while the 52 week low is 518.17 GBX.

HSBC Holdings plc has a 50 day moving average of 733.97 GBX and a 200 day moving average of 685.07. There are currently 20,073,266,113 shares in issue with the average daily volume traded being 18,083,025. Market capitalisation for LON:HSBA is £148,542,169,236 GBP.

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