ShareCast News for Hsbc (HSBA)
Shares of HSBC Holdings are currently close to five-year highs and further upside is limited, according to Investec which has cut its recommendation from 'buy' to 'reduce'.
[13 May '13]Disappointing economic data from China on Monday put an end to a seven-day winning streak in London which lifted the FTSE 100 to a five-and-a-half-year high last week.
[13 May '13]Weakness in the financial sector meant that the FTSE 100 was in the red on Monday morning, with investors pausing for breath after the index reached fresh multi-year highs last week.
[13 May '13]Bioquell: Investec shifts target price from 136p to 141p and keeps a hold recommendation.
[13 May '13]Alkane Energy: Liberum Capital initiates with a target price of 44p and a buy recommendation.
[9 May '13]Altitude Group: WH Ireland initiates with a target price of 50p and a buy recommendation.
[8 May '13]Market Movers
[7 May '13]Shares in natural resources giant ENRC moved higher after Russian billionaire Suleiman Kerimov bought a 2.86 per cent stake in the group.
[7 May '13]