Home » Reports » HSBC Holdings plc 49.2% Potential Upside Indicated by Goldman Sachs

HSBC Holdings plc 49.2% Potential Upside Indicated by Goldman Sachs

HSBC Holdings plc with EPIC/TICKER (LON:HSBA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. HSBC Holdings plc are listed in the Financials sector within UK Main Market. Goldman Sachs have set a target price of 565 GBX on its stock. This indicates the analyst now believes there is a potential upside of 49.2% from today’s opening price of 378.7 GBX. Over the last 30 and 90 trading days the company share price has increased 2.5 points and decreased 43.25 points respectively. The 1 year high for the share price is 673.7 GBX while the 52 week low for the stock is 369.35 GBX.

HSBC Holdings plc has a 50 day moving average of 398.04 GBX and the 200 Day Moving Average price is recorded at 510.65. There are currently 20,366,072,247 shares in issue with the average daily volume traded being 38,731,511. Market capitalisation for LON:HSBA is £78,511,208,512 GBP.

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