HSBC (NYSE:HSBC – Get Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.
A number of other analysts have also recently weighed in on the stock. Morgan Stanley began coverage on shares of HSBC in a research note on Wednesday, January 14th. They issued an “equal weight” rating for the company. Bank of America upgraded shares of HSBC from a “neutral” rating to a “buy” rating in a research note on Wednesday, December 10th. The Goldman Sachs Group began coverage on shares of HSBC in a research note on Thursday, March 26th. They issued a “buy” rating for the company. Citigroup restated a “buy” rating on shares of HSBC in a research note on Friday, January 9th. Finally, Keefe, Bruyette & Woods upgraded shares of HSBC from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $63.00.
Check Out Our Latest Analysis on HSBC
HSBC Stock Up 5.8%
HSBC (NYSE:HSBC – Get Free Report) last issued its quarterly earnings data on Saturday, February 14th. The financial services provider reported $1.35 earnings per share for the quarter. HSBC had a net margin of 16.07% and a return on equity of 13.10%. The business had revenue of $17.70 billion during the quarter. On average, research analysts forecast that HSBC will post 6.66 earnings per share for the current fiscal year.
Hedge Funds Weigh In On HSBC
Several large investors have recently bought and sold shares of the stock. Fisher Asset Management LLC raised its stake in HSBC by 2.3% during the 4th quarter. Fisher Asset Management LLC now owns 17,800,748 shares of the financial services provider’s stock valued at $1,400,385,000 after purchasing an additional 402,288 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in HSBC by 1.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 10,575,644 shares of the financial services provider’s stock valued at $750,659,000 after purchasing an additional 185,073 shares during the last quarter. Morgan Stanley increased its holdings in HSBC by 15.3% in the 4th quarter. Morgan Stanley now owns 7,483,883 shares of the financial services provider’s stock valued at $588,757,000 after buying an additional 993,473 shares during the period. Northern Trust Corp increased its holdings in HSBC by 4.7% in the 3rd quarter. Northern Trust Corp now owns 3,045,134 shares of the financial services provider’s stock valued at $216,144,000 after buying an additional 136,342 shares during the period. Finally, Clearbridge Investments LLC increased its holdings in HSBC by 77.0% in the 4th quarter. Clearbridge Investments LLC now owns 1,443,716 shares of the financial services provider’s stock valued at $113,577,000 after buying an additional 627,857 shares during the period. 1.48% of the stock is currently owned by institutional investors and hedge funds.
More HSBC News
Here are the key news stories impacting HSBC this week:
- Positive Sentiment: Zacks upgraded HSBC from “hold” to “strong‑buy” and recently included HSBC on its Rank #1 (Strong Buy) income‑stock list — a clear buy signal that likely attracted income‑oriented flows. Zacks Coverage
- Positive Sentiment: Erste Group raised its FY2027 EPS forecast for HSBC to $9.05 (from $8.95), above the broader consensus — analyst upgrades tend to support higher valuations and buying interest. Erste Estimate Lift
- Positive Sentiment: HSBC’s chief multi‑asset strategist flagged a market “buy signal,” which can lift investor sentiment for bank stocks and risk assets more broadly. Strategist Commentary
- Positive Sentiment: HSBC’s Qormi hub earned LEED Gold certification — a modest ESG positive that supports the bank’s sustainability credentials. LEED Gold Certification
- Neutral Sentiment: HSBC Continental Europe is acting as a stabilisation manager on an Hochtief bond offering (standard capital‑markets activity that shows deal flow but has limited direct equity impact). Stabilisation Notice
- Neutral Sentiment: Canara HSBC Life Insurance launched a market‑linked product and arranged a ₹250 crore NCD issuance (business development for the bancassurance JV; incremental but not material to HSBC’s listed earnings). Canara HSBC Life Product Launch NCD Issuance Advisory
- Negative Sentiment: Reports say HSBC is reviving plans to exit Australia’s retail business — market may view this as revenue contraction or strategic retreat, adding near‑term uncertainty. Australia Retail Exit Report
- Negative Sentiment: Coverage noted industry‑wide “repricing” pressure across bank stocks (Evercore ISI / HSBC commentary), a macro/sector risk that can cap multiple expansion for banks. Sector Repricing Story
- Negative Sentiment: HSBC blamed security controls for a PayPal disruption — a small operational/reputational issue that may concern some customers or partners. PayPal Disruption
HSBC Company Profile
HSBC Holdings plc (NYSE: HSBC) is a multinational banking and financial services organization headquartered in London. It traces its origins to the Hongkong and Shanghai Banking Corporation, founded in 1865 to facilitate trade between Europe and Asia, and has since grown into one of the world’s largest banking groups. The company is publicly listed in multiple markets, including the London Stock Exchange, the Hong Kong Stock Exchange and as an American depositary receipt on the New York Stock Exchange.
HSBC operates a universal banking model, serving retail, commercial, corporate and institutional clients.
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