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Barclays Sticks to Their Buy Rating for HSBC Holdings (HSBA)

Tipranks - Tipranks - Thu Feb 26, 1:40AM CST

Barclays analyst Aman Rakkar maintained a Buy rating on HSBC Holdings today and set a price target of £14.00.

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Rakkar covers the Financial sector, focusing on stocks such as HSBC Holdings, NatWest Group, and Standard Chartered. According to TipRanks, Rakkar has an average return of 21.4% and a 76.51% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for HSBC Holdings with a p1,274.94 average price target.

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Based on HSBC Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p33.73 billion and a net profit of p4.73 billion. In comparison, last year the company earned a revenue of p58.73 billion and had a net profit of p6.53 billion

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