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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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Share Price: 676.80
Bid: 678.10
Ask: 678.30
Change: 3.60 (0.53%)
Spread: 0.20 (0.029%)
Open: 678.60
High: 679.40
Low: 670.30
Prev. Close: 673.20
HSBA Live PriceLast checked at -

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BofA stays at 'buy' on HSBC after guidance for stronger than expected 2023 dividend

Mon, 01st Aug 2022 14:10

(Sharecast News) - Analysts at Bank of America nudged their target price for shares of HSBC higher, from 751.0p to 760.0p, and reiterated their 'buy' recommendation after the lender guided towards a larger-than-expected dividend payout in 2023.

HSBC's new guidance for a dividend payout of 50% in 2023, together with a return on tangible equity of 12% for that year implied a payout of 48 US cents per share or 25% more than anticipated by the consensus, they explained.

The new guidance on dividends came alongside better-than-expected underlying profits, revenues, costs and impairments.

Furthermore, after raising their estimates for HSBC's earnings per share in 2022 and 2023 by 30% and 10%, respectively, the lender's shares were left trading on a price-to-earnings multiple of 6.4 for 2023 - their lowest level for at least three decades.

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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.

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18 Aug 2023 17:34

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

China-exposed firms fall on growth concerns

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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".

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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.

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16 Aug 2023 17:33

European shares fall on mounting China worries, banks lag

UK inflation data weighs on FTSE 100

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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.

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15 Aug 2023 17:29

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

China-exposed firms drop after weak economic data

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14 Aug 2023 17:30

European shares gain on healthcare boost; miners, energy lag

Miners, energy stocks top sectoral losers

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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.

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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:

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10 Aug 2023 17:30

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

China eased travel restrictions

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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.

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10 Aug 2023 09:11

LONDON MARKET OPEN: FTSE 100 underperforms ahead of US inflation data

(Alliance News) - London's FTSE 100 largely tread water on Thursday morning, though continental peers shot up, with European markets in a largely confident mood ahead of a US inflation report.

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7 Aug 2023 17:05

FTSE 100 ends lower as miners drag; defence firms rally

Miners lead sectoral falls

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7 Aug 2023 11:35

HSBC exec apologises for saying UK "weak" for bowing to US on China

(Alliance News) - A senior executive at banking firm HSBC Holdings PLC has apologised for comments suggesting that Britain would be "weak" for siding with the US and cutting back business dealings with China.

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