Hsbc


Long-term prospects obscured by unclear 2024 guidance

21/02/24 -"The fourth quarter results were distorted by notable items and the 2024 guidance lacks clarity and looks less aggressive than the consensus expectations. On the other hand, the management remains ..."

Pages
66
Language
English
Published on
21/02/24
You may also be interested by these reports :
11/12/24
As shown in the chart below, HSBC (Add; UK) has had one of the best risk reward profiles in the past four years of the stocks within our coverage. ...

11/12/24
We have changed our SOTP approach. It is now based on legal entities whereas it had previously been based on divisions. This has translated into a ...

03/12/24
As mentioned in our post-release comments, we have made some minor changes to our earnings projections. However, these slight upgrades to our 2024 ...

25/11/24
We view UCG’s offer on Banco BPM positively, as we see a strong industrial rationale and attractive financial terms. The capital impact will be ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO