JPMorgan downgrades HSBC to 'underweight', cuts target
20th Feb 2019 11:19
(Sharecast News) - Analysts at JPMorgan downgraded global banking giant HSBC to 'underweight' from 'neutral' on Wednesday, noting the troubled outlook for revenue growth might weigh on prospects for the lender's return on tangible equity for longer than previously thought.
Read moreTuesday broker round-up
19th Feb 2019 12:48
(Sharecast News) - Asiamet Resources: Berenberg reiterates buy with a target price of 13p.
Read moreHSBC falls short on fourth quarter revenues and profits
19th Feb 2019 07:35
(Sharecast News) - Asian-focused HSBC posted lower than expected revenues and profits for the final three months of 2018 as volatility in financial markets took its toll, meaning that top-line growth failed to keep up with expenses.
Read moreTuesday preview: Employment report, banks in focus
18th Feb 2019 15:19
(Sharecast News) - The focus on Tuesday will be on the December employment report, given the critical role the still very strong jobs market in Britain - helped by low rates from the Bank of England - is playing in helping to keep the economy more or less 'humming along' - despite the facewinds from Brexit and from further afield.
Read moreFCA to ban excessive overdraft fees in 'once-in-a-generation' shake up
18th Dec 2018 09:25
(Sharecast News) - The Financial Conduct Authority is cracking down on the UK's "dysfunctional" £2.4bn overdraft market, including banning banks from charging higher fees for unauthorised borrowing.
Read moreTuesday broker round-up
11th Dec 2018 13:41
(Sharecast News) - ASOS: Morgan Stanley downgrades to underweight with a target price of 3,200p.
Read moreTuesday broker round-up
30th Oct 2018 13:15
(Sharecast News) - Inmarsat: Numis upgrades to hold with a target price of 430p.
Read moreMonday broker round-up
29th Oct 2018 13:34
(Sharecast News) - Just Eat: Peel Hunt downgrades to sell with a target price of 520p.
Read moreHSBC profits beat forecast as Hong Kong remains strong
29th Oct 2018 07:12
(Sharecast News) - HSBC reported stronger profit growth than expected for the third quarter as all three of the bank's main businesses enjoyed good growth and progress was made with cost cutting efforts.
Read moreWednesday broker round-up
24th Oct 2018 12:35
(Sharecast News) - HSBC: RBC Capital Markets downgrades to underperform with a target price of 560p.
Read moreRBC Capital downgrades HSBC on China risks, valuation
24th Oct 2018 08:02
(Sharecast News) - RBC Capital Markets downgraded HSBC to 'underperform' from 'sector perform' and slashed the price target to 560p from 730p as it highlighted elevated risk from China and a stretched valuation.
Read moreRBC Capital downgrades HSBC on China risks, valuation
24th Oct 2018 08:02
(Sharecast News) - RBC Capital Markets downgraded HSBC to 'underperform' from 'sector perform' and slashed the price target to 560p from 730p as it highlighted elevated risk from China and a stretched valuation.
Read moreHSBC facing major slowdown of key Hong Kong business
23rd Oct 2018 14:54
(Sharecast News) - HSBC's pivotal Hong Kong arm faces losing corporate and retail banking market share to 'virtual banks', Citigroup warned on Tuesday, with loan growth potentially falling off a cliff in the third quarter.
Read moreWednesday broker round-up
17th Oct 2018 12:55
(Sharecast News) - Crest Nicholson: Liberum downgrades to hold with a target price of 331p.
Read moreCity must ready itself for climate change, says Bank of England and FCA
15th Oct 2018 10:12
(Sharecast News) - The Bank of England and the Financial Conduct Authority have called on the City to better manage the financial risks of climate change.
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