Macquarie rates UOB stock outperform with SGD 45.29 target
Published on 10/19/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst views before results
- Macquarie's Jayden Vantarakis assigned UOB an outperform rating and SGD 45.29 target on October 16, 2026.
- UOB's second-quarter 2026 net profit rose 10.00 percent to SGD 1.50 billion.
- UOB stock trades at EUR 28.99 at 10:03 a.m. CEST at Lang & Schwarz on October 19, 2026.
UOB (SG1M31001969) was trading at EUR 28.99 at Lang & Schwarz on October 19, 2026, at 10:03 a.m. CEST. On October 16, 2026, The Business Times reported competing analyst views ahead of UOB's third-quarter update, with Macquarie favoring the stock and Citi taking a more cautious stance.
Analysts set competing targets
Macquarie's Jayden Vantarakis rated UOB outperform with a SGD 45.29 target on October 16, 2026, according to The Business Times. Against the SGD 41.75 Singapore quote on October 19, that target is 8.48 percent higher. Citi analyst Tan Yong Hong held a sell rating with a SGD 38.00 target, which is 8.98 percent below the same quote, the newspaper reported.
The contrast gives the upcoming report a clear test. Macquarie expects an in-line or better result to narrow UOB's 30.00 percent price-to-earnings discount, while Citi expects third-quarter profit to decline 9.00 percent quarter over quarter to SGD 1.35 billion.
What does the target mean?
The bank's latest reported performance provides the counterweight to the debate. FSM Global said UOB's second-quarter 2026 net profit rose 10.00 percent year over year to SGD 1.50 billion, while operating profit grew 2.00 percent. The figures show why the next update must be read through both earnings growth and margin pressure.
Three dates frame the story
The chronology starts with UOB's second-quarter 2026 net profit of SGD 1.50 billion on August 7, 2026. On October 7, 2026, Citi reiterated a sell rating on UOB, according to The Business Times. On October 16, 2026, Macquarie's SGD 45.29 target and Citi's SGD 38.00 target set the latest valuation range.
Next reporting date
UOB's next scheduled event is its 9M26 and third-quarter 2026 trading update on November 4, 2026, according to the bank's investor-relations calendar. The update should clarify whether the second-quarter profit increase can withstand the margin concerns cited by Citi.
Price and results date
UOB stock was trading at EUR 28.99 at Lang & Schwarz on October 19, 2026, at 10:03 a.m. CEST. The Singapore quote was SGD 41.75, with a 52-week range of SGD 33.25 to SGD 45.15. The further course of trading is shown by the continuously updated real-time quote of UOB stock.
UOB stock facts
- Company: United Overseas Bank Limited
- ISIN: SG1M31001969
- Ticker: U11.SI
- Primary exchange: Singapore Exchange
- Price Lang & Schwarz (as of October 19, 2026, 10:03 a.m. CEST): EUR 28.99
- Market capitalization: SGD 68.8 billion (as of October 19, 2026)
- 52-week range: SGD 33.25-45.15 (as of October 19, 2026)
- Sector / Industry: Financial Services / Regional Banks
Market context: Latest market reports.
