HSBC Holdings (HSBA) receives a Hold rating from RBC Capital analyst Benjamin Toms, with a price target of £9.50. The company's shares opened at £949.20. The analyst consensus rating for HSBA is Moderate Buy with an average price target of £991.15, implying a 4.42% upside from current levels. HSBA market cap is £165.1B and has a P/E ratio of 12.26.
HSBC Holdings plc (HSBA), a global banking and financial services provider, has received a Hold rating from RBC Capital analyst Benjamin Toms. The analyst set a price target of £9.50, indicating a cautious stance on the company's stock. Currently, HSBA shares opened at £949.20, with a market capitalization of £165.1 billion and a price-to-earnings (P/E) ratio of 12.26.
The analyst consensus rating for HSBA is Moderate Buy, with an average price target of £991.15. This suggests a 4.42% upside potential from the current share price. The company's recent earnings report showed robust performance, with earnings per share (EPS) of $1.95, surpassing analyst expectations of $1.62. Revenue for the quarter reached $16.90 billion, exceeding estimates of $16.64 billion [1].
Several institutional investors have recently increased their holdings in HSBC. Connor Clark & Lunn Investment Management Ltd. boosted its stake by 729.6% in the first quarter, owning 387,953 shares valued at $22,280,000. CoreCap Advisors LLC and Wayfinding Financial LLC also made significant additions to their positions in HSBC [2].
Despite the strong earnings report and increased institutional interest, the Hold rating from RBC Capital suggests a cautious approach to the stock. Analysts are likely considering various factors, including the company's debt-to-equity ratio of 0.65 and its current ratio of 0.86, which indicate a relatively conservative financial profile. Additionally, the company's debt-to-equity ratio may be a concern for some investors, as it suggests a higher level of debt relative to equity.
In conclusion, while HSBC Holdings has shown strong financial performance in recent quarters, the Hold rating from RBC Capital analyst Benjamin Toms indicates a cautious stance on the stock. Investors should consider the company's financial health and the analyst's price target before making investment decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/filing-connor-clark-lunn-investment-management-ltd-acquires-341187-shares-of-hsbc-holdings-plc-nysehsbc-2025-08-10/
[2] https://www.marketbeat.com/instant-alerts/hsbc-holdings-plc-nysehsbc-given-consensus-rating-of-hold-by-analysts-2025-08-07/
Comments
No comments yet