Lyonnais: Hang Seng Bank half-year target price at HK$78

Credit Lyonnais forecasted that the target price of Hang Seng Bank (0011) in the future 5-6 months was HK$78 per share with 5% descending room vs the current price. However, Lyonnais still believed that Hang Seng Bank could ˇ§lead the marketˇ¨ and it maintained the 12-month target price of the company at HK$120.

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