Published: Thu, September 01, 2016
Business | By Max Garcia

Deutsche Bank Gives HSBC Holdings PLC Price Target With Potential -5.83% Downside

Deutsche Bank Gives HSBC Holdings PLC Price Target With Potential -5.83% Downside

Through an global network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: "personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities".

HSBC Holdings plc reported a price of 36.57 today, indicating a change of 1.22%.

HSBC Holdings plc's volatility stands at 0.77% and the average volume is 3233.65. Quadrant Capital Group LLC boosted its stake in HSBC Holdings PLC by 200.2% in the second quarter.

04/25/2016 - HSBC Holdings plc was downgraded to "underperform" by analysts at Credit Agricole.

Out of 6 analysts covering HSBC Holdings (NYSE:HSBC), 1 rate it a "Buy", 2 "Sell", while 3 "Hold".

HSBC Holdings plc (LON:HSBA) insider Evans, Lord acquired 1,754 shares of HSBC Holdings plc stock in a transaction on Wednesday, August 31st. Zacks Investment Research raised shares of HSBC Holdings PLC from a sell rating to a hold rating in a research note on Tuesday.

HSBC Holdings PLC (NYSE:HSBC) opened at 37.20 on Wednesday.

02/08/2016 - HSBC Holdings plc was downgraded to "underweight" by analysts at Morgan Stanley. Common Stoc clearly shows that the moving average of 50-days of HSBC Holdings plc (NYSE:HSBC) stock is $33.66, and is trading $2.21 points away or +6.56% from its 50-day moving average of $33.66. The company's market capitalization is GBX 100.67 billion.

An HSBC Holdings Plc executive pleaded not guilty Monday to rigging foreign-exchange markets in the first US case of its kind. HSBC Holdings plc has a 52-week low of GBX 392.37 and a 52-week high of GBX 575.00. The Company operates in four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). The Company's RBWM business offers a range of personal banking and wealth management services to its customers. The US says he and Stuart Scott, the bank's former head of currency trading in Europe, manipulated the pound to take advantage of inside information about a client, reaping US$8 million (RM32 million) for the bank. The Company's CMB business offers a range of products and services to its commercial customers, including small and medium-sized enterprises, and mid-market enterprises. GB&M provides financial solutions to Government, corporate and institutional clients across the world. The Company's GPB's products and services include Investment Management and Private Wealth Solutions.

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