HSBC Holdings Remains a Buy at Barclays with £11.50 Price Target.

Barclays maintains a Buy rating on HSBC Holdings with a price target of £11.50. Analyst Aman Rakkar, a 5-star expert, forecasts a 25.7% return and an 80.28% success rate. HSBC Holdings reported a quarterly revenue of £17.74 billion and a net profit of £7.32 billion, down from £10.58 billion last year.

HSBC Holdings plc has recently announced its Annual Results 2024, providing a detailed look into the bank's financial performance over the past year. The announcement was made on Wednesday, 19 February 2025, with a subsequent Zoom meeting for investors and analysts held later that day [1].

Key Financial Highlights

HSBC reported a quarterly revenue of £17.74 billion and a net profit of £7.32 billion for the period ending 31 December 2024. These figures represent a decrease from the previous year's net profit of £10.58 billion, indicating a challenging financial environment [1].

The bank's results were influenced by various factors, including regulatory pressures, market volatility, and geopolitical uncertainties. Despite these challenges, HSBC maintained its focus on cost management and operational efficiency, which contributed to its financial performance.

Analyst Views

Barclays maintains a Buy rating on HSBC Holdings, with a price target of £11.50. Analyst Aman Rakkar, a 5-star expert, forecasts a 25.7% return and an 80.28% success rate for the stock, reflecting optimism about the bank's future prospects [2].

Investor Relations

HSBC has made available a comprehensive suite of documents for investors and analysts to review. These include the Annual Results 2024 media release, the Annual Report and Accounts 2024, and various data packs for each quarter of the year. Additionally, the bank has provided presentations and transcripts from its investor meetings, ensuring transparency and accessibility of information [1].

Conclusion

HSBC Holdings' 2024 Annual Results highlight the bank's resilience in the face of economic headwinds. While the financial figures reflect a challenging year, the bank's strategic focus on cost management and operational efficiency suggests a pathway for future growth. Investors and analysts will continue to closely monitor HSBC's performance and the market's response to these results.

References

[1] HSBC Holdings plc. (2025). Annual Results 2024. Retrieved from https://www.hsbc.com/investors/results-and-announcements
[2] Barclays. (2025). Barclays Maintains Buy Rating on HSBC Holdings. Retrieved from https://www.barclays.com/