Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
<Research>JPM Lifts STANCHART's TP to $135, Prefers HSBC HOLDINGS
Recommend 15 Positive 20 Negative 20 |
||||
|
||||
|
JPMorgan has issued a research report raising its 2025-27 adjusted EPS forecast for STANCHART (02888.HK) by 6%/ 5%/ 4%, as well as its 2025 share buyback forecast to $2.75 billion, with $1.5 billion likely to be announced in 1H25. Although STANCHART's total return rate for 2025 is currently comparable to HSBC HOLDINGS (00005.HK) at around 10%, both among the highest levels for APAC banks, JPMorgan preferred HSBC HOLDINGS due to its higher visibility in earnings and shareholder returns. JPMorgan elevated its target price for STANCHART from $120 to $135, while reiterating the Overweight rating. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
