HSBC (NYSE:HSBC) Now Covered by The Goldman Sachs Group

Market Beat
2026.03.26 14:16
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Goldman Sachs has initiated coverage on HSBC (NYSE:HSBC), assigning a "buy" rating. Other analysts, including Citigroup and Bank of America, have also rated HSBC as a buy. The stock is currently trading at $80.71, with a market cap of $277.24 billion. HSBC reported earnings of $1.85 per share, exceeding estimates. Positive sentiment surrounds the stock, with Zacks upgrading it to a "Strong Buy" and highlighting increased demand for estate planning amid geopolitical risks. HSBC has made key appointments in its Asia and Middle East divisions, enhancing its strategic focus.