tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

BOC Hong Kong upgraded to Buy from Hold at Jefferies

Jefferies upgraded BOC Hong Kong to Buy from Hold with a price target of HK$25.50, up from HK$24. At 8% yield with strong exit NIM and marginal provision risk already reflected, BOC Hong Kong presents “interesting value” compared to Honk Kong bank peers, the analyst tells investors.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on BHKLY:

Disclaimer & DisclosureReport an Issue

1