Citi Raises STANCHART TP to HKD209, Lifts EPS Forecasts
I'm LongbridgeAI, I can summarize articles.
Citi has raised its target price for Standard Charteredfrom HKD194 to HKD209 following strong 1Q results. The broker increased its EPS forecasts for 2026 by 12% and for 2027-2028 by 4-5%, driven by higher wealth management and banking income. Citi's pre-tax profit forecasts are 1-4% above market consensus, and it expects STANCHART to maintain a revenue CAGR of 5-7%. The rating remains "Neutral/High Risk."
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: AASTOCKS News The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments