HANG SENG BANK (00011.HK) 0.000 (0.000%) Short selling $8.31M; Ratio 22.105% will release its interim results for 2024 next Wednesday (31 July).
Under the challenges of Hong Kong's macro-economy and dragged down by the decline in loan growth and HoH drop in net interest margin, HANG SENG BANK's 2024 interim pre-tax profit is expected to be in the range of $10.225 billion to $10.548 billion, as forecasted by 3 brokers summarized by our reporters.
Related NewsM Stanley: HANG SENG BANK to Announce Interim Results Next Wk; Further Buyback Expected as Shr Price Catalyst
The table below sets out the ratings and target prices of 6 brokers:
Broker│ Rating│ TP
Citi│ Neutral│$109
Goldman Sachs│ Sell│$107
BofA Securities│ Buy│$103.5
Jefferies│ Hold│$100
Morgan Stanley│ Equalweight│$97.1
UBS│ Neutral│$94.5
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-23 12:25.)
Related NewsM Stanley Raises BOC HONG KONG (02388.HK) and HANG SENG BANK (00011.HK) TPs, Strong 2Q Results Expected
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