Home » Reports » HSBC Holdings plc 12.7% Potential Upside Indicated by JP Morgan Cazenove

HSBC Holdings plc 12.7% Potential Upside Indicated by JP Morgan Cazenove

HSBC Holdings plc with EPIC/TICKER (LON:HSBA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at JP Morgan Cazenove. HSBC Holdings plc are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set their target price at 400 GBX on its stock. This now indicates the analyst believes there is a possible upside of 12.7% from the opening price of 355.05 GBX. Over the last 30 and 90 trading days the company share price has decreased 29.75 points and decreased 54.3 points respectively. The 1 year high for the share price is 671.4 GBX while the 52 week low is 353.07 GBX.

HSBC Holdings plc has a 50 day moving average of 392.99 GBX and the 200 Day Moving Average price is recorded at 500.01. There are currently 20,366,072,247 shares in issue with the average daily volume traded being 31,602,405. Market capitalisation for LON:HSBA is £72,055,161,123 GBP.

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