Shares in HSBC Holdings (HSBA.L) have fallen dramatically from recent highs of 672.5p. Will it continue, or is this an opportunity to pick up a bargain?

• This stock is one of the more significant fallers in the period.
• Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
• Is the trend your friend, or is a bounce imminent?
• The market often over-reacts to bad news. Traders should consider whether it is down for good reason, or is this another over-reaction?
• Now trading at 570.9p (at time of writing). A return to previous highs would represent a rise of 17%.
• Shares -16% from 12-month highs; +0% from 12 month lows.

Latest News

18 Nov:  Jefferies International has upgraded its rating on HSBC Holdings (HSBA) to buy (from hold) and increased the target price to 790p (from 691p).

14 Nov:  Goldman Sachs reiterates its buy rating on HSBC Holdings (HSBA) and reduced the target price to 865p (from 905p).

12 Nov:  Noel Quinn, CEO, has transferred in 61,830 shares in the firm on the 11th November 2019 at a price of 0.00p. This Director currently has 63,747 shares.

12 Nov:  Marc Moses, Executive Director, has transferred in 42,268 shares in the firm on the 11th November 2019. This Director currently has 23,089,752 shares.

12 Nov:  Ewen Stevenson, Executive Director, has transferred in 42,268 shares in the firm on the 11th November 2019. This Director currently has 208,463 shares.

05 Nov:  Berenberg has downgraded its rating on HSBC Holdings (HSBA) to sell (from hold) and reduced the target price to 490p  (from 700p).

31 Oct:  UBS reiterates its neutral rating on HSBC Holdings (HSBA) and reduced the target price to 575p (from 600p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

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