HSI1 19,553.61 +177.08 179.30B
HSCEI1 6,934.70 +63.32 77.11B
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Brokers' Latest TPs, Opinions on HSBC HOLDINGS after Quarterly Results Ann
2024-05-02 11:32:56
Broker│ Rating│ TP

China Securities│ Buy│$83.5
CICC│ Outperform│$76.5-> $82.6
Citi│ Buy│ GBP8.3 ( about $81.33)
Goldman Sachs│ Buy│$80-> $81
Morgan Stanley│ Overweight│$79.2-> $79.9
JPMorgan│ Overweight│$78

Broker│ Opinion

China Securities │Share buyback beat expectations, while high dividend value emerged
CICC│ Adjusted tangible ROE returned to over 16%, while quarterly buybacks increased to US$3 billion
Citi│ Quarterly real earnings before tax beat expectations by 11%, with increased share buybacks
Goldman Sachs│2024 profit before tax forecast adjusted by 5%
Morgan Stanley│ Operating profit before provisions beat forecasts by 7%, driven by revenue
JPMorgan│ Performance indicators beat expectations, but management uncertainty may affect share price in the short term
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