Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 696.40
Bid: 693.50
Ask: 693.70
Change: 3.60 (0.52%)
Spread: 0.20 (0.029%)
Open: 693.90
High: 696.40
Low: 691.00
Prev. Close: 692.80
HSBA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Barclays Capital highlights buying opportunities at HSBC, StanChart

Mon, 06th Oct 2014 10:07

Shares in HSBC and emerging markets bank Standard Chartered both look cheap, according to analysts at Barclays Capital, though HSBC is the broker's preferred pick as it appears "structurally and cyclically stronger".The valuations of both stocks suggest potential buying opportunities, Barclays said, with HSBC and StanChart trading at just 1.2 times and 1.0 times 2015 estimated tangible book value, respectively."This looks cheap relative to both footprint-weighted peers and each bank's own history," analysts said. Neither bank has been this cheap relative to the market valuations of peers since 2000.As for StanChart, rated 'equal weight', Barclays said its 'cheapness' reflects weakening return prospects and limited action being taken to address them.Barclays has trimmed its target price for StanChart by 8% from 1,300p to 1,200p.In contrast, it said HSBC looks "well positioned" as it kept an 'overweight' recommendation with an unchanged 700p target."HSBC has significantly refocused its business since 2011 and this is apparent when we look at market shares in its key geographies, with a weighted average deposit share of 17.7% compared to 5.6% for Standard Chartered."Barclays also played down concerns about macro prospects for China and the potential knock-on effect on the two banks. It said that a pick-up in loan growth is already emerging at HSBC in particular.
More News
29 Aug 2023 07:49

LONDON BRIEFING: Bunzl profit up; Rio Tinto sells copper project stake

(Alliance News) - Stocks in London are called to open higher on Tuesday, following a long bank holiday weekend.

Read more
27 Aug 2023 11:37

Saudi Arabia healthcare group Fakeeh Care weighs IPO, appoints HSBC - sources

DUBAI, Aug 27 (Reuters) - Saudi Arabia's Fakeeh Care, one of the largest private hospital groups in the kingdom, is considering selling a 30% stake through an initial public offering (IPO), two sources with knowledge of the matter told Reuters.

Read more
21 Aug 2023 09:24

LONDON BROKER RATINGS: Jefferies raises HSBC price target

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
21 Aug 2023 07:43

LONDON BRIEFING: Crest Nicholson lowers annual profit forecast

(Alliance News) - Stocks in London are called flat on Monday, with little in the way of economic data or company updates to reignite risk appetite.

Read more
18 Aug 2023 17:34

European shares sink to lowest in six weeks, China woes loom large

China-exposed firms fall on growth concerns

*

Read more
18 Aug 2023 10:22

UK banking stocks are undervalued, says Shore Capital

(Sharecast News) - Shore Capital has reiterated its 'buy' ratings on six UK-listed banking stocks, saying the market is currently pricing in a "far worse outlook".

Read more
17 Aug 2023 22:30

Britain makes access to fee-free cash machine a legal right

LONDON, Aug 17 (Reuters) - Nearly everyone in Britain will remain within three miles (4.8 km) of a cash machine that does not charge fees despite the dwindling use of notes and coins, the finance ministry said on Thursday.

Read more
16 Aug 2023 17:33

European shares fall on mounting China worries, banks lag

UK inflation data weighs on FTSE 100

*

Read more
16 Aug 2023 16:55

LONDON MARKET CLOSE: FTSE falls on rate fears and niggling China worry

(Alliance News) - Stock prices in London closed lower on Wednesday, with interest rate-sensitive stocks on the back foot, as a robust core inflation reading poured cold water on hope of a Bank of England pause.

Read more
15 Aug 2023 17:29

Sweden, UK lead European shares lower on rate-hike fears

China-exposed firms drop after weak economic data

*

Read more
14 Aug 2023 17:30

European shares gain on healthcare boost; miners, energy lag

Miners, energy stocks top sectoral losers

*

Read more
14 Aug 2023 17:18

UK watchdog kicks off 'politically-exposed persons' review

LONDON, Aug 14 (Reuters) - Britain's Financial Conduct Authority said on Monday it will ask lawmakers to report any problems they have opening or maintaining a bank account ahead of a formal investigation.

Read more
14 Aug 2023 09:04

LONDON BROKER RATINGS: JPMorgan raises Quilter to 'neutral'

(Alliance News) - The following London-listed shares received analyst recommendations on Monday morning and Friday:

Read more
10 Aug 2023 17:30

British equities rise as travel stocks rally after China lifts travel curbs

China eased travel restrictions

*

Read more
10 Aug 2023 11:59

LONDON MARKET MIDDAY: FTSE 100 flat, peers and pound up before US data

(Alliance News) - London's FTSE 100 underwhelmed on Thursday, as a slew of its heavyweights went ex-dividend, though blue-chip equities in mainland Europe were higher, showing no signs of pre-US inflation data angst and overlooking an acceleration in tensions between the world's two largest economies.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.