Morgan Stanley raises Standard Chartered's target price to HKD 176.7, reiterates "Overweight" rating

AASTOCKS
2025.10.31 08:09

Morgan Stanley published a research report indicating that after Standard Chartered (02888.HK) announced its third-quarter results, it raised its earnings forecasts for 2025 to 2027 by 11%, 3.5%, and 2% respectively, with the target price adjusted from HKD 173 to HKD 176.7, maintaining an "Overweight" rating.

In addition, Morgan Stanley lowered its credit expenditure forecast for Standard Chartered this year and roughly maintained its expected credit loss forecasts for 2026 and 2027