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Outlook ‘stable’ but ‘unexciting’ for UOB

Broker's Calls

Outlook ‘stable’ but ‘unexciting’ for UOB

Michelle Zhu Published on Fri, Jul 29, 2016 / 1:23 PM GMT+8

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SINGAPORE (July 29): OCBC and RHB are maintaining their “hold” and “neutral” calls on United Overseas Bank (UOB) with a target prices of $19.61 and $18.85 respectively.

While UOB’s reported net profit of $801 million for 2Q16 was about $99 million higher than the Bloomberg consensus of $702 million, RHB says the results were in line with its expectations.

(See: OCBC, UOB’s 2Q earnings beat consensus estimates)

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Outlook ‘stable’ but ‘unexciting’ for UOB

Broker's Calls

Outlook ‘stable’ but ‘unexciting’ for UOB

Primary tabs

Error message

Outlook ‘stable’ but ‘unexciting’ for UOB

Broker's Calls

Outlook ‘stable’ but ‘unexciting’ for UOB

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