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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: 696.30
Bid: 696.10
Ask: 696.30
Change: 0.70 (0.10%)
Spread: 0.20 (0.029%)
Open: 693.20
High: 703.40
Low: 693.20
Prev. Close: 695.60
HSBA Live PriceLast checked at -

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Broker tips: Banks, Chemring, DCC

Fri, 19th Jul 2013 11:25

Investec has downgraded its ratings for banking peer HSBC and RBS from 'buy' to 'hold' in separate research reports, reiterating its preference for rival Barclays.The broker pointed out that HSBC has marginally outperformed the FTSE 100 so far this year and now trades within just 4.0% of its 57-month high. The 740p target price for HSBC has been maintained.As for RBS, after an impressive share price recovery after the stock was "oversold" in June, the stock is no longer "absurdly cheap". After raising its target price from 335p to 340p due to a strongly recovering UK mortgage market, Investec said it implies little upside to current prices.UBS has downgraded its recommendation for defence technology firm Chemring from 'buy' to 'neutral' on the back of cuts to short-term profit forecasts.The broker has reduced its target price from 360p to 330p after lowering earnings before interest, tax and amortisation (EBITDA) estimates for the years ending October 2014 and 2015 by 11% and 13%, respectively. "Our new forecasts reflect a lower base of underlying EBITA in FY13 than we had previously forecast and the restructuring plan presented at H1," UBS said.A first-quarter trading update from sales, marketing, distribution and business support services firm DCC was welcomed by the market on Friday, with Jefferies providing an extra boost after lifting its target price for the stock and keeping a 'buy' rating.In spite of the 30% rise so far this year - compared with the FTSE All-Share Index up just 13% - the broker sees more upside to the stock, raising its target price by 3.0% from 3,100p to 3,200p.BC
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4 Mar 2024 21:56

IN BRIEF: HSBC issues USD2.75 billion worth of senior notes

HSBC Holdings PLC - Asia-focused lender - Issues USD1.50 billion 5.546% fixed rate/floating rate senior unsecured notes due 2030 and USD1.25 billion 5.719% fixed rate/floating rate senior unsecured notes due 2035. HSBC will apply to list the notes on the New York Stock Exchange.

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1 Mar 2024 09:14

LONDON BROKER RATINGS: Numis cuts St James's Place to 'hold'

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

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29 Feb 2024 16:06

UK dividends calendar - next 7 days

Friday 1 March 
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27 Feb 2024 09:23

LONDON BROKER RATINGS: Barclays raises Flutter to 'overweight'

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

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23 Feb 2024 09:19

LONDON BROKER RATINGS: Barclays raises Breedon but cuts Domino's Pizza

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

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23 Feb 2024 08:47

LONDON MARKET OPEN: Stocks mixed; StanChart drives FTSE 100 higher

(Alliance News) - Stock prices in London opened mixed on Friday, with the FTSE 100 lifted by well-received results from Standard Chartered.

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22 Feb 2024 09:49

LONDON BROKER RATINGS: Berenberg raises Moneysupermarket.com to 'buy'

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

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21 Feb 2024 16:57

LONDON MARKET CLOSE: FTSE 100 takes hit ahead of FOMC minutes

(Alliance News) - Stock prices in London closed lower on Wednesday, as investors anxiously look ahead to this evening's Federal Open Market Committee meeting minutes.

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21 Feb 2024 15:01

London close: Stocks mixed ahead of Fed minutes, Nvidia results

(Sharecast News) - London's stock markets closed with a mixed performance on Wednesday, as investors awaited updates from the US Federal Reserve and results from AI chipmaker Nvidia.

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21 Feb 2024 08:40

LONDON MARKET OPEN: HSBC and Glencore drag FTSE 100 into the red

(Alliance News) - Stock prices in London opened mixed on Wednesday, with the FTSE 100 index weighed down by weak earnings from HSBC and Glencore - among its largest constituents by market cap.

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21 Feb 2024 07:52

CORRECT: Glencore profit plunges as energy market normalises

(Corrects UK public sector net borrowing figure to billion from million.)

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21 Feb 2024 07:41

LONDON BRIEFING: Glencore profit plunges as energy market normalises

(Alliance News) - Stocks in the UK are called flat on Wednesday, with some large-cap UK company earnings for investors to digest, ahead of key catalysts to come from across the Atlantic.

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21 Feb 2024 07:02

HSBC profits soar 78% but miss forecasts on China exposure

(Sharecast News) - Shares in HSBC fell on Wednesday as a record annual profits missed forecasts after it was forced to take a $3bn hit from its exposure to a Chinese bank.

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21 Feb 2024 06:52

LONDON MARKET EARLY CALL: FTSE to open flat; HSBC posts record profit

(Alliance News) - Stocks in London are set to open flat on Wednesday, as investors look ahead to the Federal Reserve meeting minutes, and results from Nvidia.

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21 Feb 2024 05:57

TOP NEWS: HSBC launches USD2 billion buyback on record annual profit

(Alliance News) - HSBC Holdings PLC on Wednesday announced further share buybacks as annual profit soared on the back of higher interest rates, though its fourth-quarter performance suffered due to an impairment.

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