Economy

HSBC Holdings PLC (HSBC) Downgraded by Credit Suisse Group

A number of other equities research analysts have also issued reports on HSBA. Morgan Stanley reissued an "overweight" rating and issued a GBX 850 ($11.29) price objective on shares of HSBC Holdings plc in a research report on Friday, September 29th. BNP Paribas reaffirmed an "outperform" rating and issued a GBX 715 ($9.50) price target on shares of HSBC Holdings plc in a research note on Wednesday, July 19th. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

More recent HSBC Holdings plc (ADR) (NYSE:HSBC) news were published by: Investorplace.com which released: "HSBC Holdings plc Sponsored ADR (HSBC) Rating Declines to Buy" on October 10, 2017.

Monitoring the numbers for HSBC Holdings Plc.

HSBC Holdings plc (HSBA) traded up 0.98% during trading on Friday, reaching GBX 750.20. In the last ninety days, insiders have acquired 27,202 shares of company stock worth $20,337,321. The company has market cap of $199.01 billion. The firm has a 50 day moving average price of GBX 737.58 and a 200-day moving average price of GBX 708.15. The stock's market capitalization is 200.63B, it has a 52-week low of 36.93 and a 52-week high of 50.86. Investorplace.com's news article titled: "HSBC Holdings plc Sponsored ADR (HSBC) a Buy on Healthy Earnings Visibility" with publication date: October 17, 2017 was also an interesting one. Shareholders of record on Thursday, October 12th will be given a dividend of $0.10 per share by the financial services provider on Wednesday, November 22nd.

In terms of CCI levels, HSBC Holdings Plc (HSBA.L) now has a 14-day Commodity Channel Index (CCI) of -230.34. After having $0.95 EPS previously, HSBC Holdings plc (ADR)'s analysts see 0.00 % EPS growth.

ILLEGAL ACTIVITY NOTICE: This story was first posted by BBNS and is owned by of BBNS. If you are reading this article on another site, it was illegally stolen and republished in violation of US and worldwide trademark & copyright law. The original version of this report can be accessed at https://weekherald.com/2017/10/20/hsbc-holdings-plc-hsbc-downgraded-to-underperform-at-credit-suisse-group.html. The institutional investor held 425,135 shares of the savings institutions company at the end of 2017Q2, valued at $19.78M, down from 759,830 at the end of the previous reported quarter. Enterprise Financial Services Corp boosted its holdings in HSBC Holdings PLC by 0.6% in the second quarter. Rothschild Investment Corp IL now owns 7,652 shares of the company's stock valued at $240,000 after buying an additional 500 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in HSBC Holdings PLC by 0.8% during the 2nd quarter. Parkside Financial Bank & Trust now owns 5,960 shares of the financial services provider's stock valued at $276,000 after acquiring an additional 40 shares during the last quarter.

09/14/2016 - HSBC Holdings plc was downgraded to "neutral" by analysts at UBS. UBS Asset Management Americas Inc. now owns 2,477 shares of the financial services provider's stock valued at $115,000 after acquiring an additional 43 shares during the last quarter. Finally, Aperio Group LLC grew its position in shares of HSBC Holdings PLC by 8.6% in the second quarter. Finally, LS Investment Advisors LLC boosted its holdings in HSBC Holdings PLC by 2.6% in the second quarter. Fisher Asset Management LLC now owns 13,533,107 shares of the financial services provider's stock worth $627,801,000 after purchasing an additional 516,291 shares during the period. Investors will commonly use Williams %R in conjunction with other trend indicators to help spot possible stock turning points. It operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking businesses.



Like this

Latest


21 October 2017
Alibaba Group Holding Ltd (BABA) Analysts See $0.84 EPS
After $1.19 actual EPS reported by Fiserv Inc for the previous quarter, Wall Street now forecasts 9.24% EPS growth. The stock has "Buy" rating by Cowen & Co on Wednesday, October 11. (NYSE:OKE) earned "Neutral" rating by Robert W.

21 October 2017
Retail Properties of America Inc (RPAI) EPS Estimated At $0.25
Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. It dived, as 40 investors sold ZTS shares while 247 reduced holdings. 38 funds opened positions while 124 raised stakes.

21 October 2017
Keep me out of Tipu Jayanti fete, says Anantkumar Hegde
Many of his tweets have also attracted controversy due to their hardline Hindutva views. He said they do not even know how to faithfully write what is said.

21 October 2017
TBI finds cocaine laced with fentanyl in lab testing
He also noted it only takes small amounts, like a sample the size of a sprinkling of baby powder, to make someone overdose. Officials said it can absorb through the skin, so touching the substance can quickly put you at risk of overdose.

21 October 2017
Billionaire Democratic donor Tom Steyer launches nationwide call for Trump's impeachment
Brad Sherman, D-Sherman Oaks, have tried to push forward articles of impeachment against Trump, but found little traction so far. In a video, Steyer called Trump "a clear and present danger who is mentally unstable and armed with nuclear weapons".

21 October 2017
Bofors Case : CBI Seeks Government Nod To Reopen The Probe
Late past year , CBI had informed the Supreme Court that authorities had not permitted it to file an appeal against the verdict. He, during an interview to a TV news channel, said he was ready to testify and assist the Indian agencies in the Bofors case.

21 October 2017
Top 8 in Singapore this October — WTA Finals
The group stage matches of the Final of the WTA tournament will be held from 22 to 27 October. The WTA Finals will conclude the women's 2017 tennis season.

21 October 2017
Cornerstone OnDemand, Inc. (NASDAQ:CSOD) Upgraded by Zacks Investment Research to Hold
Its down 0.19, from 1.19 in 2017Q1. (NASDAQ:CSOD) for 346,755 shares. 24 funds opened positions while 60 raised stakes. Ever wonder how investors predict positive share price momentum? 92 funds opened positions while 651 raised stakes.

21 October 2017
Will Boult continue India's left-arm struggles?
India's issues against the unique angle stem from the lack of quality left-arm fast bowlers at their disposal. Meanwhile, Rohit also spoke of the threat they could face in left-arm seamer Trent Boult .

21 October 2017
Less pollution this Diwali but Delhi's air quality has entered severe zone
According to Sudhakar A, member-secretary of CPCB, the air quality was definitely better than past year , when the air index was as high as 450.



Recommended