HSBC Holdings plc (LON:HSBA) insider Iain Mackay bought 16,980 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The stock was purchased at an average cost of GBX 741 ($9.75) per share, for a total transaction of £125,821.80 ($165,489.68).
Shares of HSBC Holdings plc (LON:HSBA) opened at GBX 732.40 ($9.63) on Friday. HSBC Holdings plc has a 1 year low of GBX 518.17 ($6.82) and a 1 year high of GBX 772 ($10.15).
The business also recently announced a dividend, which will be paid on Wednesday, November 22nd. Stockholders of record on Thursday, October 12th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, October 12th. This represents a dividend yield of 1.01%.
HSBA has been the topic of a number of recent research reports. Morgan Stanley set a GBX 850 ($11.18) target price on HSBC Holdings plc and gave the company a “buy” rating in a research report on Thursday, October 5th. Deutsche Bank AG reissued a “hold” rating and issued a GBX 737 ($9.69) target price on shares of HSBC Holdings plc in a research report on Tuesday, September 26th. Goldman Sachs Group, Inc. (The) set a GBX 845 ($11.11) target price on HSBC Holdings plc and gave the company a “neutral” rating in a research report on Monday, October 9th. Citigroup Inc. reissued a “buy” rating and issued a GBX 850 ($11.18) target price on shares of HSBC Holdings plc in a research report on Tuesday, August 22nd. Finally, Jefferies Group LLC started coverage on HSBC Holdings plc in a research report on Monday, September 4th. They set a “buy” rating and a GBX 920 ($12.10) price target on the stock. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 723.72 ($9.52).
HSBC Holdings plc Company Profile
HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.
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