Home » Reports » HSBC Holdings plc 25.9% Potential Upside Indicated by JP Morgan Cazenove

HSBC Holdings plc 25.9% 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 510 GBX on its stock. This would imply the analyst believes there is now a potential upside of 25.9% from today’s opening price of 405.15 GBX. Over the last 30 and 90 trading days the company share price has decreased 104.65 points and decreased 187.35 points respectively. The 52 week high for the stock is 687.7 GBX while the 52 week low for the share price is 390 GBX.

HSBC Holdings plc has a 50 day moving average of 537.18 GBX and a 200 day moving average of 593.81. There are currently 20,365,013,016 shares in issue with the average daily volume traded being 80,245,303. Market capitalisation for LON:HSBA is £80,777,822,884 GBP.

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