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<Research>G Sachs Says HSBC HOLDINGS (00005.HK) 1Q Results Beat, Raises Profit Estimations/ TP
Recommend 21 Positive 37 Negative 17 |
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HSBC HOLDINGS (00005.HK)'s 1Q25 results beat the expectations of Goldman Sachs/ the market, Goldman Sachs issued a research report saying. Management maintained its FY2025-FY2027 return on tangible equity guidance at mid-teens, while confirming its FY2025 guidance for net interest income of US$42 billion, with a target cost growth of 3%. The broker raised its FY2025-FY2029 EPS forecasts by 4%/ 5%/ 4%/ 2%/ 1% each, and lifted its target price on HSBC HOLDINGS' H-shares from $98 to $101, with rating kept at Buy. AAStocks Financial News |
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