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<Research>HSBC Global Research Hikes BOC HONG KONG (02388.HK) TP to $34.2, Rating Buy
Recommend 24 Positive 46 Negative 24 |
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HSBC Global Research released a report, covering BOC HONG KONG (02388.HK), which beat both the broker’s and market's expectations for 2024’s profit, given NIM expansion and stable credit costs. HSBC Global Research raised its profit forecasts for BOCHK for 2025 and 2026 by 5% and 4.4%, respectively, and increased the target price from HKD31.2 to HKD34.2, maintaining a Buy rating. AAStocks Financial News |
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