The leading market experts have placed a mean price target of $40.61 on HSBC Holdings plc (NYSE:HSBC) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.00 a share for the upcoming quarter and $2.99 for the current fiscal.
The technical analysis of HSBC Holdings, plc. Common Stoc plainly substantiates that the 50-day moving average of HSBC Holdings, plc. Common Stoc is $34.50, and stock is trading $4.15 points away or +12.04% from its 50-day moving average of $34.50. Further it is trading $6.21 or +19.13% away its 200-day moving average of $32.44. HSBC Holdings plc (NYSE:HSBC) 52-week high is $40.96 and the 52-week low is $28.62.
This explains if the stock moves $-2.31, it will post a 52-week high. In event of +35.05% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of HSBC Holdings, plc. Common Stoc, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, HSBC Holdings plc (NYSE:HSBC) ratio came in at 16.00.
The stock last ended the trading session at $38.65 and registered a market cap of $137.90B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. HSBC Holdings plc (NYSE:HSBC) PEG ratio is at 9.24.
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