JPMorgan has upgraded BOC Hong Kong (2388) to Overweight from Neutral and raised its year-end target price to HK$53.3 from HK$43.3, according to Ming Pao.
The broker also lifted its profit forecasts for this year and next by 8% and 9%, respectively, and said it expects the stock to outperform over the next six to 12 months, citing what it sees as a reasonable current valuation and strong total shareholder return.
STOCKS | JPMorgan Upgrades BOC Hong Kong To Overweight, Raises Target Price
2026-07-24 06:48:40
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