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Jefferies Sticks to Their Hold Rating for HSBC Holdings (HSBA)

Tipranks - Tipranks - Thu Feb 26, 1:41AM CST

Jefferies analyst Joseph Dickerson maintained a Hold rating on HSBC Holdings today and set a price target of £11.20.

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According to TipRanks, Dickerson is a 5-star analyst with an average return of 19.3% and a 63.82% success rate. Dickerson covers the Financial sector, focusing on stocks such as UBS Group AG, Deutsche Bank AG, and HSBC Holdings.

In addition to Jefferies, HSBC Holdings also received a Hold from J.P. Morgan’s Kian Abouhossein in a report issued today. However, on the same day, Barclays maintained a Buy rating on HSBC Holdings (LSE: HSBA).

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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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