Broker Recommendations

Time to take profits on HSBC, says Shore Capital

By Michele Maatouk

Date: Wednesday 05 Aug 2026

(Sharecast News) - Shore Capital said on Wednesday that it was time to take profits on HSBC as it downgraded its stance on the bank to 'sell' from 'under review'.
The broker noted that HSBC delivered a stronger-than-expected Q2 result, with both income and profitability ahead of consensus, driven by continued...

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