Standard Chartered Investment Rating and Target Price (Table)

Standard Chartered (02888.HK) will announce its full-year results for the year ending December last year on the 24th of this month. Driven by improvements in Hong Kong's interbank offered rates and the absence of significant issues in credit operations, our website has compiled forecasts from 8 brokerages, predicting that Standard Chartered's 2025 reported pre-tax profit will range from USD 6.966 billion to USD 7.526 billion, an increase of 15.8% to 25.1% compared to USD 6.014 billion in 2024, with a median of USD 7.081 billion, representing a year-on-year increase of 17.7%.

Our website has compiled forecasts from 7 brokerages, predicting that Standard Chartered's 2025 dividend per share will range from USD 0.44 to USD 0.53, an increase of 18.9% to 43.2% compared to the 2025 dividend per share of USD 0.37. The median is USD 0.47, reflecting a year-on-year increase of 27%. Standard Chartered recently announced the immediate departure of Chief Financial Officer Diego De Giorgi, which surprised the market, as De Giorgi played a key role in the bank's transformation in recent years. Attention will be on the succession plan and the company's future strategy. Investors will focus on Standard Chartered Group's latest operational and shareholder return outlook, as well as the recent momentum in wealth management and market business revenues.

The table below lists the ratings and target prices from 10 brokerages:

Brokerage│Investment Rating│Target Price

JP Morgan│Overweight│HKD 265

Goldman Sachs│Buy│HKD 228

Morgan Stanley│Overweight│HKD 222

Barclays│Market Perform│HKD 202.9 (GBP 19)

Bank of America Securities│Neutral│HKD 192.2 (GBP 18)

Citigroup│Neutral│HKD 186

Huatai Securities│Buy│HKD 182.5

UBS│Buy│HKD 180.3

Jefferies│Buy│HKD 175 (GBP 16.4)

CICC│Outperform│HKD 175