Home » Reports » Broker Ratings » HSBC Holdings plc 50.4% Potential Upside Indicated by Goldman Sachs

HSBC Holdings plc 50.4% Potential Upside Indicated by Goldman Sachs

HSBC Holdings plc with EPIC/TICKER (LON:HSBA) has 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 865 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 50.4% from today’s opening price of 575 GBX. Over the last 30 and 90 trading days the company share price has decreased 30.9 points and decreased 18 points respectively. The 1 year high for the share price is 687.7 GBX while the year low stock price is currently 571.2 GBX.

HSBC Holdings plc has a 50 day moving average of 610.76 GBX and a 200 day moving average of 637.49. There are currently 20,257,946,394 shares in issue with the average daily volume traded being 30,427,467. Market capitalisation for LON:HSBA is £116,017,261,471 GBP.