Goldman Sachs: Raises target price of Hong Kong Stock Exchange (00388.HK) to 398 Hong Kong dollars, rating remains "Buy"

According to the Wise Finance APP, Goldman Sachs released a research report stating that based on market transaction data from April and early May to the present, the earnings per share forecast for the Hong Kong Stock Exchange (00388.HK) for the years 2025 to 2027 has been revised upwards by 2%, 4%, and 4% respectively. The bank maintains a "buy" rating for the Hong Kong Stock Exchange with a target price raised from 386 Hong Kong dollars to 398 Hong Kong dollars, corresponding to a forecasted price-to-earnings ratio of approximately 34.5 times for this year.