Are Analysts Bullish about HSBC Holdings plc (ADR) (NYSE:HSBC) after last week?

July 18, 2017 - By reb123z

 Are Analysts Bullish about HSBC Holdings plc (ADR) (NYSE:HSBC) after last week?

HSBC Holdings plc (ADR) (NYSE:HSBC) Ratings Coverage

Among 11 analysts covering HSBC Holdings (NYSE:HSBC), 3 have Buy rating, 1 Sell and 7 Hold. Therefore 27% are positive. HSBC Holdings had 18 analyst reports since September 30, 2015 according to SRatingsIntel. On Wednesday, January 6 the stock rating was downgraded by JP Morgan to “Underweight”. The stock of HSBC Holdings plc (ADR) (NYSE:HSBC) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, December 6. The company was upgraded on Monday, June 27 by JP Morgan. On Monday, April 25 the stock rating was downgraded by CLSA to “Underperform”. The stock of HSBC Holdings plc (ADR) (NYSE:HSBC) earned “Neutral” rating by Citigroup on Tuesday, September 13. The firm earned “Underperform” rating on Tuesday, March 29 by BNP Paribas. The stock of HSBC Holdings plc (ADR) (NYSE:HSBC) has “Buy” rating given on Tuesday, November 8 by Citigroup. The firm has “Outperform” rating by BNP Paribas given on Thursday, January 19. Bank of America upgraded the shares of HSBC in report on Thursday, August 4 to “Buy” rating. The firm earned “” rating on Wednesday, September 30 by UBS. Below is a list of HSBC Holdings plc (ADR) (NYSE:HSBC) latest ratings and price target changes.

19/01/2017 Broker: BNP Paribas Old Rating: Neutral New Rating: Outperform Upgrade

About 17,221 shares traded. HSBC Holdings plc (ADR) (NYSE:HSBC) has risen 38.28% since July 18, 2016 and is uptrending. It has outperformed by 21.58% the S&P500.

HSBC Holdings plc is the banking and financial services company. The company has market cap of $194.19 billion. The Firm manages its services and products through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It has a 356.4 P/E ratio. It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.

Another recent and important HSBC Holdings plc (ADR) (NYSE:HSBC) news was published by Livetradingnews.com which published an article titled: “HSBC Holdings plc (ADR) (NYSE:HSBC) Loves the Belt and Road” on May 18, 2017.

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