Broker recommendations for HSBC Holdings Plc
The HSBC Holdings Plc stock is rated at 2.3 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Monday 3 August, 2020 by a total of 5 brokers. This means that the consensus of the 5 different brokers is leaning toward to hold/moderate sell.
Sell
2 (40%) Underweight
0 (0%) Hold
2 (40%) Overweight
1 (20%) Buy
0 (0%)
Price target by analysts
The 1 latest analyst estimates, per Monday 3 August, 2020, show the following high, low and average price targets.
Target Average: 23.89 USD
Target High: 23.89 USD
Target Low: 23.89 USD
HSBC to hire up to 3,000 wealth planners in China in next four years
Tuesday, 4 August 2020, 12:15:14
HSBC is making a big bet on growth in the Greater Bay Area as part of its wealth push in the mainland.
— South China Morning Post
Can HSBC Survive Hong Kong’s Fifth Regime Change?
Tuesday, 4 August 2020, 06:53:15
HSBC’s establishment was built on regime change in Hong Kong following the Opium Wars and since then has successfully survived multiple geopolitical transitions. Will it survive the current one?
— Finews Asia
Financials Up As Deal Activity Offsets Weak Earnings For Global Banks — Financials Roundup
Monday, 3 August 2020, 23:13:02
Shares of banks and other lenders and money managers rose as a wave of Wall Street dealmaking offset weak earnings for global banks. HSBC shares fell after the Asia-focused global bank posted…
— MarketScreener
HSBC profits plunge by more than 82% as loans sour
Monday, 3 August 2020, 23:03:19
The lender, which makes most of its money in Asia, said pre-tax profits slid to just £824m in the three months to June 30, down from £4.7billion over the same period last year.
— Daily Mail Online
Beijing’s message to HSBC: Only total loyalty will suffice
Monday, 3 August 2020, 22:04:22
By assets, HSBC is the world’s sixth-largest bank, proudly claiming 40 million customers in 64 countries and territories.
— Washington Examiner
