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2024-07-26 15:03:01 HANG SENG BANK (00011.HK) will release its interim results for 2024 next Wednesday (31 July). Under the challenges of Hong Kong's macro-economy and dragged down by the decline in loan growth and HoH drop in net interest margin, HANG SENG BANK's 2024 interim pre-tax profit is expected to be in the range of $10.225 billion to $10.977 billion, down 0.1-6.7% from $10.961 billion in the interim period of 2023, as forecasted by 4 brokers summarized by our reporters. The median was $10.499 billion, down 4.2% YoY. The table below sets out the ratings and target prices of 6 brokers: Broker│ Rating│ TP Citi│ Neutral│$109 -> $106 Goldman Sachs│ Sell│$107 BofA Securities│ Buy│$103.5 Jefferies│ Hold│$100 Morgan Stanley│ Equalweight│$97.1 UBS│ Neutral│$94.5 ~ AAStocks Financial News Web Site: www.aastocks.com |