HSBC Holdings plc (NYSE:HSBC) is included among the 11 Best FTSE Dividend Stocks to Buy Right Now.Citi Raises HSBC Price Target to 1,240 GBp, Reaffirms Buy Rating
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HSBC Holdings plc (NYSE:HSBC) is a London-based global banking and financial services institution with longstanding connections to East Asia and an extensive international network.
On October 29, Citigroup raised its price target on HSBC Holdings plc (NYSE:HSBC) from 1,160 GBp to 1,240 GBp while maintaining a Buy rating on the stock.
The company recently reported its third-quarter 2025 results, posting a 5% year-over-year revenue increase of $0.8 billion to $17.8 billion compared with Q3 2024. The rise was driven by higher fees and other income in the Wealth division, particularly within the International Wealth and Premier Banking (IWPB) and Hong Kong segments. Net interest income (NII) climbed by $1.1 billion, or 15%, to $8.8 billion from the same period last year.
The Board approved a third interim dividend of $0.10 per share for 2025 and reaffirmed its target dividend payout ratio of 50% for the year, excluding material notable items and related effects. HSBC Holdings plc (NYSE:HSBC) offers a dividend yield of 4.66%, as of October 29.
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Citi Raises HSBC Price Target to 1,240 GBp, Reaffirms Buy Rating
Published 1 week ago
Oct 30, 2025 at 1:45 AM
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