Shares in HSBC Holdings (HSBA.L) have dropped from recent highs of 680.6p. Are further falls imminent, or will investors benefit from this low price?

• A return to previous highs would represent a rise of 31%. Now trading at 518.9p (at time of writing).
• This stock is one of the most significant fallers in the period.
• Is the fall justified? Is a bounce due?
• The market has been known to over-react to negative news. Traders may wish to consider whether the fall is reasonable, or is the recent fall an over-reaction?
• Contrarian traders should be mindful of fundamentals and events, which can influence price. Check our website for updates.
• Shares -23% from 12-month highs; +0% from 12 month lows.

Latest News

10:50:  RBC Capital Markets reiterates its underperform rating on HSBC Holdings (HSBA) and reduced the target price to 520p (from 550p).

20 Feb:  Societe Generale reiterates its hold rating on HSBC Holdings (HSBA) and reduced the target price to 600p (from 644p).

19 Feb:  DZ Bank reiterates its sell rating on HSBC Holdings (HSBA) and increased the target price to 540p (from 500p).

18 Feb:  HSBC, the banking giant, released plans to downsize its business within the US and Europe. This follows a fall in end of year profits, by approximately 30%, due largely to write-downs in its banking business.

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