Maybank Kim Eng (Maybank KE), which has a "buy" call on OCBC, raised its target to S$12.74 from S$12.24. Riverstone Share Price Publication Date. FTSE ST Indices & STI Constituents Share Price, DBS Share Price , What this means is that the assets held by OCBC are currently worth more than the total value of the company. OCBC Share Price, Glove/PPE makers: According to CGS-CIMB, the target price for OCBC is $9.04. how come ocbc sec giving TP 7.26 for ocbc bank ? OCBC's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.1621. Tue, Mar 17, 2020 - 10:10 AM. You will need to make your own independent judgment regarding the analysis. RHB Group Research upgraded OCBC to “buy” from “neutral” with a higher target price of $12.50 from $9.50. Broker's Take: DBS cuts target prices for OCBC, UOB on credit cost pain. SingTel Share Price, It was even higher than in Sep 2019 ( $11.12 ) where financial performance was S$4.96b in profits, as compared to $3.6 billion net profits in 2020 ( $11. Target Price*. With CET-1 CAR at 15.2%, which is substantially higher than its target range of 12.5-13.5%, there is room for dividends to fully normalise to pre-COVID-19 levels. UG Healthcare Share Price 14.680. 3. OCBC has achieved a CAGR of 7.8% in non-interest income over the last 10 years. OCBC's PEG ratio. OCBC's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. ‘We prefer OCBC to UOB as we believe OCBC provides better share price upside at current levels on cheaper valuation’, she wrote. Oversea-Chinese Banking Corporation (OCBC) is gaining momentum in its post-pandemic recovery, with analysts across six research houses recommending “buy” or “add” on the bank. In other words, OCBC shares trade at around 14x recent earnings. SINGAPORE (Feb 25): DBS Group Research is maintaining its “buy” call on Oversea-Chinese Banking Corporation (OCBC) with a lower target price of $12.90, from $13.20 previously. Price broke out of key descending trend line, a test of our buy entry could present an opportunity to go long and play to our take profit target. At least two other research houses also raised their targets on the counter. OCBC just restored their previously suspended scrip dividends, it is likely they need more equity to enhance Balance Sheet to accomodate Wing Hang purchase. Analysts’ average target price on OCBC stood at S$10.80, and 12 out of 21 analysts recommended ‘buy’. So, watch for reversal candles when OCBC Bank get close to about $10.26 and $10.30. If the reversal does happen, the Symmetrical Triangle support will become resistance to confirm the successful breakout with price target of $8.70. do u all think OCBC will reduce their dividend payout? For DBS, we estimate 2020 provisions at S$3.1b, and to drop to S$1.6b in 2021. Target Price Analyst Rating Fair Value Price Target. *At the time of publication. RHB on Thursday upgraded OCBC to "buy" from "neutral", with a higher target price of S$12.50 from S$9.50 previously. OCBC Securities Private Limited 18 Church Street #01-00, OCBC Centre South, Singapore 049479. markets http://www.i3investor.com/servlets/stk/3508.jsp. ShareJunction is a FREE Singapore Stocks, Shares, Investment and Finance portal providing share, stock investors and traders forum, charts, news, email alerts, price quotes and market data for … Across the board, OCBC has received a consensus rating of ‘buy’ from 21 analysts polled by Bloomberg as of 08 September 2020. This is contributed by two key factors: Firstly, OCBC recorded a growth in fees & commission-based income which are sourced from wealth management activities, loan-related, and credit card services. OCBC Bank has broken $10.50 resistance recently. Jamie Lee leejamie@sph.com.sg@JamieLeeBT. Download PDF. Hours into sgxswinger call, ocbc falls to 972 to bounce as predicted above, closing 980. year end bull is coming, yahoo. May touch 11.50 in mid july, Individual or Group chat with anyone on I3investor, Oversea-Chinese Banking Corp Ltd - Emerging With Capital Strength, OCBC Bank 4Q20 Update - Reversal in NIM Compression, OCBC - Looking Forward to More Normal Scenarios, OCBC - Share Price to See Support; Upgrade to BUY, Oversea-Chinese Banking Corp Ltd – Better Credit Outlook, Oversea-Chinese Banking Corp (OCBC) - Net Profit Forecast for 2021 Raised Due to Lower Credit Costs, Phillip Capital Morning Note - 11 Mar 2021, Singapore REITs Sector – Volatility Expected Given Bond Yields Spike, Amara Holdings buys Surrey Point for $47.8 mil, Daily Futures Trading Strategy 11 March 2021 (Foreign Market), UMS - [Rebound In Progress, Some Of Our Targets ]. Last week, OCBC was upgraded by CGS-CIMB to “add” from “hold” with its shares now trading at a price-to-book (PB) value of 0.83. OCBC Target Price. ocbc now 983 , may fall to hit 974 today to bounce. Price Target: 29.200 View the most recent target price / fair value estimation changes @ Analysts Say > Latest Price Targets & Stock Ratings Target Price Analyst Rating Fair Value Price Target Medtecs Share Price, OVERSEA-CHINESE BANKING CORP Target Price. Open Price Target Price Upside/Downside Price Call Source; 01/03/2021: 10.98: 13.65 +2.67 (24.32%) BUY: PHILLIP CAPITAL: 24/02/2021: 10.63: 12.74 +2.11 (19.85%) BUY: Maybank Kim Eng: 24/02/2021: 10.63: 12.52 +1.89 (17.78%) BUY: CIMB: 09/01/2021: 10.62: 12.52 +1.90 (17.89%) BUY: CIMB: 27/11/2020: 11.50: 12.52 +1.02 (8.87%) BUY: CIMB: 24/11/2020: 10.20: 11.10 +0.90 (8.82%) BUY: DBS: …