HSBC Holdings traded at 159.40 this Thursday August 6th, decreasing 2.70 or 1.67 percent since the previous trading session. Looking back, over the last four weeks, HSBC Holdings lost 3.98 percent. Over the last 12 months, its price rose by 61.25 percent. Looking ahead, we forecast HSBC Holdings to be priced at 165.00 by the end of this quarter and at 155.78 in one year, according to Trading Economics global macro models projections and analysts expectations.
HSBC Holdings plc (HSBC) is a banking and financial services company. The Company manages its products and services through three businesses: Wealth and Personal Banking (WPB), Commercial Banking (CMB), and Global Banking and Markets (GBM). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America, and Latin America. WPB business offers Retail Banking, Wealth Management, Asset Management and Insurance. CMB products and services to serve the needs of commercial customers, including small and medium-sized enterprises, mid-market enterprises and corporates. It includes credit and lending, international trade and receivables finance, treasury management and liquidity solutions, commercial insurance and investments. GBM supports government, corporate and institutional clients, and private investors across the world.