Large-cap Finance company HSBC has moved 1.0% so far today on a volume of 312,307, compared to its average of 1,658,738. In contrast, the S&P 500 index moved -0.0%.
HSBC trades -6.16% away from its average analyst target price of $79.72 per share. The 2 analysts following the stock have set target prices ranging from $73.0 to $86.45, and on average have given HSBC a rating of buy.
Anyone interested in buying HSBC should be aware of the facts below:
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HSBC's current price is 332.7% above its Graham number of $17.29, which implies that at its current valuation it does not offer a margin of safety
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HSBC has moved 53.1% over the last year, and the S&P 500 logged a change of 13.8%
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Based on its trailing earnings per share of 4.75, HSBC has a trailing 12 month Price to Earnings (P/E) ratio of 15.7 while the S&P 500 average is None
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HSBC has a forward P/E ratio of 9.0 based on its forward 12 month price to earnings (EPS) of $8.29 per share
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Its Price to Book (P/B) ratio is 7.53 compared to its sector average of None
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HSBC Holdings plc engages in the provision of banking and financial products and services worldwide.
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Based in London, the company has 212,409 full time employees and a market cap of $256.84 Billion. HSBC currently returns an annual dividend yield of 0.9%.
