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<Research>M Stanley Expects STANCHART (02888.HK) Shr Price to Outperform Peers in Next 30 Days w/ 70-80% Probability
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Morgan Stanley issued a research report forecasting that STANCHART (02888.HK)'s share price will outperform its peers in the next 30 days, with a probability for the scenario estimated between 70-80% or 'very likely.' This expectation is based on STANCHART's strong quarterly results, and the broker also raised its 2025/ 2026/ 2027 earnings forecasts for STANCHART by 11%/ 3.5%/ 2%, according to the report. STANCHART's management increased its return on tangible equity (ROTE) guidance from approaching 13% to approx. 13%, the broker added. It is expected that the ROTE guidance for 2026 will be updated when the results are announced in February 2026, with the latest mid-term forecasts projected to be announced in May 2026. Therefore, Morgan Stanley currently set a target price of $176.7 for STANCHART, with rating at Overweight. AASTOCKS Financial News Website: www.aastocks.com |
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