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Home / Stocks and Markets at Lows / HSBC Holdings (HSBA.L) 27-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

HSBC Holdings (HSBA.L) 27-01-20

HSBC Holdings (HSBA.L) shares have fallen significantly from the most recent highs of 680.6p. Will it continue, or is this an opportunity to pick some up?

 

  • A return to previous highs would represent a rise of 21%. Now at 559.3p (at time of writing).
  • This is one of the biggest fallers of late.
  • Traders should consider whether it is down for good reason, or is this another over-reaction?
  • Bargain hunters should be mindful of fundamentals and events, which can influence price action. Check our website and news outlets for updates.
  • Shares -17% from 12-month highs; +1% from 12 month lows.

Latest News

15 Jan:  Barclays Capital reiterates its underweight rating on HSBC Holdings (HSBA) and reduced the target price to 560p (from 600p).

12 Dec:  Bank of America Merrill Lynch has upgraded its rating on HSBC Holdings (HSBA) to buy (from neutral).

09 Dec:  HSBC disclosed a number of senior management changes along with the exit of Andy Maguire as COO, effective from 30th January.

22 Nov:  RBC Capital Markets reiterates its underperform rating on HSBC Holdings (HSBA) and reduced the target price to 550p (from 580p).

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 within the firm on the 11th November 2019. This Director currently has 63,747 shares.

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

 

Click to enlarge

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