09:15 AM EDT, 09/17/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price on HSBC ( HSBC ) to USD75 (from USD67), reflecting a higher P/B multiple of 1.49x (vs. 1.35x previously). The modest uplift captures improved visibility on capital returns, resilient RoTE delivery, and supportive market conditions. HSBC's ( HSBC ) share price has risen ~8% since our last update, aided by stabilizing investor sentiment on China and its government's planned measures to support its slowing economy. That said, we maintain our Hold recommendation. With valuation already above historical multiples (five-year P/B of 0.93x), near-term valuation upside remains capped by macroeconomic-driven earnings volatility, including lingering asset quality concerns and an uneven recovery in Greater China. We continue to see merit in HSBC's ( HSBC ) mid-teens RoTE ambition and shareholder remuneration prospects but believe the current share price already reflects much of the strategic progress. We leave our earnings per ADS forecasts unchanged.