News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research> JPM Raises STANCHART (02888.HK) London TP to 2,220p, Rates Overweight
JPM released a research report noting that STANCHART (02888.HK) will hold its Investor Day on May 19. The bank expects the group to announce a 2028 return on tangible equity (ROTE)...
Reset
Send
The window will close in 5 seconds
<Research> JPM Raises STANCHART (02888.HK) London TP to 2,220p, Rates Overweight
Close
Recommend
10
Positive
10
Negative
5
 
 

JPM released a research report noting that STANCHART (02888.HK)  -1.400 (-0.702%)    Short selling $6.21M; Ratio 6.905%   will hold its Investor Day on May 19. The bank expects the group to announce a 2028 return on tangible equity (ROTE) target of above 15% as a core metric for its next phase of development, compared with JPMs and market forecasts of 15.5% and 15.1%, respectively. JPM believes the target will be supported by a continuation of the groups established strategy, focusing on higher-margin segments, including affluent clients in retail banking and financial institution clients within corporate and institutional banking, to support more resilient returns.

Following the recent results announcement, JPM forecasts a 5.5% CAGR in revenue for STANCHART over 2025 to 2026, driven by affluent clients in retail banking and financial institution clients in corporate and investment banking. Under a bull-case scenario, if revenue CAGR reaches 6% over 2025 to 2028, 2028 ROTE could exceed 16%.

Related News M Stanley Raises STANCHART (02888.HK) TP to HKD221, Lifts Earnings Forecasts and Bull-case Weighting, Reiterates Overweight
JPM estimates a payout ratio of 35% (compared with market expectations of about 30%), with total distributions over 2026 to 2028 projected to reach USD13 billion (market consensus: USD12.9 billion), including targeted share buybacks. After the results, supported by stronger revenue and lower costs, JPM raised its EPS forecasts for STANCHART by 2% to 3%, updated its London TP from 2,200p to 2,220p, and maintained an Overweight rating. Dividend yield is expected to rise from 2.5% in 2025 to 4.5% in 2028.(ec/j)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-15 16:25.)

Auto-translated by AI
This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

AASTOCKS Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.