Citic Securities Reaffirms Their Buy Rating on HSBC Holdings (HSBA)
Citic Securities analyst maintained a Buy rating on HSBC Holdings yesterday and set a price target of HK$180.00. The company’s shares closed yesterday at p1,398.00.
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In addition to Citic Securities, HSBC Holdings also received a Buy from Barclays’s Aman Rakkar in a report issued on February 25. However, yesterday, Deutsche Bank maintained a Hold rating on HSBC Holdings (LSE: HSBA).
Based on HSBC Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of p33.73 billion and a net profit of p4.73 billion. In comparison, last year the company earned a revenue of p58.73 billion and had a net profit of p6.53 billion
Read More on GB:HSBA:
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- HSBC Files 2025 Annual Report and Sets Mailing Date for Shareholders
- HSBC price target raised to 1,409 GBp from 1,315 GBp at Morgan Stanley
- HSBC: Robust Earnings, Upgraded 2026 Guidance and Hang Seng Privatisation Drive Buy Rating and Higher Target
- HSBC expects banking NII of at least $45B in FY26
- HSBC reports FY25 EPS $1.20 vs. $1.24 last year
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