Headlines about HSBC (NYSE:HSBC) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog 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 coverage optimism score of 0.22 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.0967438680197 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the news stories that may have effected Accern’s rankings:

A number of research analysts have recently weighed in on HSBC shares. BNP Paribas cut shares of HSBC from an “outperform” rating to a “neutral” rating in a research note on Wednesday, January 17th. ValuEngine raised shares of HSBC from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. JPMorgan Chase & Co. reissued a “neutral” rating on shares of HSBC in a research note on Thursday, February 15th. Santander raised shares of HSBC from a “sell” rating to a “hold” rating in a research note on Tuesday, February 6th. Finally, Morgan Stanley reissued a “buy” rating on shares of HSBC in a research note on Tuesday, February 13th. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $31.50.

Shares of HSBC (NYSE HSBC) traded down $1.81 on Tuesday, hitting $52.02. 3,009,266 shares of the stock were exchanged, compared to its average volume of 2,140,000. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.94 and a current ratio of 0.94. HSBC has a fifty-two week low of $39.63 and a fifty-two week high of $55.89. The stock has a market cap of $206,410.00, a PE ratio of 37.97, a price-to-earnings-growth ratio of 2.46 and a beta of 0.90.

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About HSBC

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.

Insider Buying and Selling by Quarter for HSBC (NYSE:HSBC)

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