OCBC stock: UOB Kay Hian keeps SGD 35.70 target for OCBC stock

Published on 10/16/2026 at 18:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OCBC reports third-quarter results on November 6, 2026. OCBC stock costs EUR 20.19 on October 16, 2026 at 5:51 p.m. CEST at Lang & Schwarz.

Analyst view and upcoming results

UOB Kay Hian set a SGD 35.70 target for OCBC on October 15, 2026.
OCBC is scheduled to report third-quarter results on November 6, 2026.
OCBC stock costs EUR 20.19 at Lang & Schwarz on October 16, 2026 at 5:51 p.m. CEST.
OCBC had a P/E ratio of 16.67 and a market capitalization of SGD 130.4 billion on October 16, 2026.

OCBC, SG1S04926220, Illustration mit AI erstellt.

UOB Kay Hian kept its Buy rating and set a SGD 35.70 target for OCBC on October 15, 2026, according to NextInsight. Against the Singapore-listed share price of SGD 29.00, the target stood 30.00 percent higher. The euro quote was EUR 20.19 at Lang & Schwarz on October 16, 2026 at 5:51 p.m. CEST in after-hours trading.

First-half earnings set the base

OCBC reported record group net profit of SGD 4.19 billion for the first half of 2026, up 13.00 percent from the year-earlier period. Total income rose 11.00 percent to SGD 8.00 billion, while net interest income declined 1.00 percent in the second quarter. These figures were reported in the bank's second-quarter earnings briefing carried by Yahoo Finance.

Price position and valuation

The Singapore share price was SGD 29.00 on October 16, 2026, with a 0.03 percent daily gain, a P/E ratio of 16.67 and a market capitalization of SGD 130.4 billion. Its 52-week range was SGD 16.62 to SGD 32.57. The latest euro quote therefore sits below the Singapore share price because the two quotations use different currencies and venues.

For investors, the upcoming results date is the next concrete calendar marker. The Business Times reported that OCBC is due to publish its third-quarter results on November 6, 2026. The same report said Maybank Securities maintained a SGD 37.23 target, while CGSI raised its target to SGD 30.40 from SGD 29.80 and retained a Hold rating.

Comparison with peers

OCBC (Singapore, SGD): plus 0.03 percent, P/E 16.67, market capitalization SGD 130.4 billion
DBS Group (Singapore, SGD): plus 0.49 percent, P/E 18.76, market capitalization SGD 210.8 billion
United Overseas Bank (Singapore, SGD): minus 0.19 percent, P/E 10.67, market capitalization SGD 68.6 billion

What comes next

OCBC's first-half profit growth was supported by wealth management, trading and insurance income, but the bank also reported a lower net interest margin. The earnings date and the spread of current analyst targets frame the next valuation discussion.

The further course of trading is shown by the continuously updated real-time quote of OCBC stock.