Press coverage about HSBC (NYSE:HSBC) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. HSBC earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.7542409602271 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
A number of brokerages have weighed in on HSBC. BNP Paribas lowered shares of HSBC from an “outperform” rating to a “neutral” rating in a research report on Wednesday, January 17th. Santander upgraded shares of HSBC from a “sell” rating to a “hold” rating in a research report on Tuesday, February 6th. ValuEngine upgraded shares of HSBC from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Deutsche Bank reiterated a “neutral” rating on shares of HSBC in a research report on Friday, February 9th. Finally, JPMorgan Chase reiterated a “neutral” rating on shares of HSBC in a research report on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company’s stock. HSBC currently has a consensus rating of “Hold” and a consensus price target of $31.50.
NYSE:HSBC traded up $0.56 on Monday, reaching $47.73. 1,311,151 shares of the company’s stock were exchanged, compared to its average volume of 2,023,616. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $188,784.61, a PE ratio of 45.89, a P/E/G ratio of 2.10 and a beta of 0.96. HSBC has a 52 week low of $39.63 and a 52 week high of $55.89.
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HSBC Holdings plc provides banking and financial products and services. The company operates through Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking segments. The Retail Banking and Wealth Management segment offers personal banking products and services, mortgages and loans, credit cards, insurance and investment products, savings products, international services, and wealth solutions and financial planning services, as well as telephone, Internet, and mobile banking services.
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