HSBC Holdings PLC
HSBA: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 938.00 | Qgl | Bfmqwvbth |
HSBC Earnings: Good Results and $3 Billion Additional Buyback but No Major Surprises
We maintain our fair value estimates of GBX 872 and HKD 84.8 per share ($54.5 per ADR) for HSBC Holdings, more than 20% above current prices and around 0.83 times 2024 book value.