HSBC Holdings plc (LON:HSBA – Get Free Report) announced a dividend on Tuesday, October 29th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.10 per share by the financial services provider on Thursday, December 19th. This represents a dividend yield of 1.11%. The ex-dividend date is Thursday, November 7th. The official announcement can be accessed at this link.
HSBC Stock Performance
Shares of LON HSBA opened at GBX 710.70 ($9.22) on Thursday. The firm has a market capitalization of £129.28 billion, a P/E ratio of 793.48, a PEG ratio of 5.97 and a beta of 0.52. HSBC has a one year low of GBX 572.90 ($7.43) and a one year high of GBX 729.20 ($9.46). The company’s fifty day moving average is GBX 670.16 and its two-hundred day moving average is GBX 673.82.
Analysts Set New Price Targets
HSBA has been the topic of several research analyst reports. Citigroup restated a “buy” rating on shares of HSBC in a research report on Monday, September 2nd. Berenberg Bank reiterated a “buy” rating and issued a GBX 870 ($11.28) price objective on shares of HSBC in a research report on Wednesday, August 21st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, HSBC has a consensus rating of “Moderate Buy” and a consensus price target of GBX 795 ($10.31).
HSBC Company Profile
HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions.
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