Somewhat Favorable Press Coverage Very Likely to Impact HSBC Holdings plc (HSBC) Stock Price

Media headlines about HSBC Holdings plc (NYSE:HSBC) have trended somewhat positive this week, according to Alpha One Sentiment Analysis. Alpha One, a unit of Accern, identifies negative and positive news coverage by reviewing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. HSBC Holdings plc earned a coverage optimism score of 0.11 on Alpha One’s scale. Alpha One also assigned news coverage about the financial services provider an impact score of 88 out of 100, meaning that recent news coverage is very likely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have effected AlphaOne Sentiment’s scoring:

Separately, Zacks Investment Research raised HSBC Holdings plc from a “hold” rating to a “buy” rating and set a $49.00 price target for the company in a research report on Thursday, May 11th. Six investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $34.87.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 5th. Shareholders of record on Friday, May 19th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, May 17th. This represents a $2.00 annualized dividend and a yield of 4.64%. HSBC Holdings plc’s dividend payout ratio (DPR) is presently 81.63%.

TRADEMARK VIOLATION WARNING: “Somewhat Favorable Press Coverage Very Likely to Impact HSBC Holdings plc (HSBC) Stock Price” was reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this report on another publication, it was stolen and republished in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be viewed at https://www.chaffeybreeze.com/2017/05/20/hsbc-holdings-plc-hsbc-earning-somewhat-positive-media-coverage-report-shows-updated-updated.html.

HSBC Holdings plc Company Profile

HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.

12 Month Chart for NYSE:HSBC

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