OCBC stock: UOB Kay Hian cuts target to SGD 11.80 for OCBC stock

Published on 10/22/2026 at 18:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Profit rose 13.00 percent to SGD 4.19 billion in first half 2026. OCBC stock costs EUR 20.27 on October 22, 2026 at 6:09 p.m. CEST.

Target cut and earnings growth

UOB Kay Hian lowered its OCBC target to SGD 11.80 from SGD 11.96 on October 22, 2026.
OCBC reported first-half 2026 net profit of SGD 4.19 billion, up 13.00 percent year over year.
OCBC stock costs EUR 20.27 at Lang & Schwarz on October 22, 2026 at 6:09 p.m. CEST.
OCBC declared an interim dividend of SGD 0.47 on August 7, 2026.

OCBC, SG1S04926220, Illustration mit AI erstellt.

OCBC (ISIN SG1S04926220) faced a lower UOB Kay Hian target on October 22, 2026, with the brokerage cutting its target to SGD 11.80 from SGD 11.96 while retaining its buy rating, The Edge Malaysia reported. OCBC was trading at EUR 20.27 at Lang & Schwarz on October 22, 2026 at 6:09 p.m. CEST.

Profit growth remains the counterweight

The target cut contrasts with OCBC's latest reported earnings. In its release dated August 7, 2026, OCBC said first-half net profit grew 13.00 percent year over year to a record SGD 4.19 billion. The bank also declared an interim dividend of SGD 0.47, up 15.00 percent from SGD 0.41 a year earlier.

NextInsight reported on October 15, 2026 that UOB Kay Hian expected OCBC third-quarter net profit of SGD 2.054 billion, representing growth of 4.00 percent year over year and a decline of 8.00 percent from the prior quarter. The same note named OCBC its preferred bank stock and set a target of SGD 35.70.

Singapore listing remains the market anchor

OCBC trades on the Singapore Exchange under ticker O39. A Singapore market page identified the issuer as Oversea-Chinese Banking Corporation Limited and assigned ISIN SG1S04926220. The home-market quote was SGD 29.02 on October 22, 2026, while the German indication was EUR 20.27 at Lang & Schwarz later in the Berlin session.

Valuation and upcoming results

The analyst split leaves investors with two different reference points. UOB Kay Hian's SGD 11.80 target is below its earlier SGD 11.96 target, while the October 15 preview carried a much higher SGD 35.70 target. The difference reflects differing assumptions about quarterly earnings, wealth-management income and operating costs.

OCBC's first-half dividend increase adds an income component to the earnings picture. The bank's official release linked the stronger result to its broader banking, wealth-management and ASEAN-Greater China operations.

What the target change means

The October 22 target revision puts short-term earnings expectations alongside a strong first-half comparison. For investors, the central numbers are the SGD 4.19 billion first-half profit, the SGD 0.47 interim dividend and the SGD 11.80 UOB Kay Hian target.

Stock price and investor view

The stock was trading at EUR 20.27 at Lang & Schwarz on October 22, 2026 at 6:09 p.m. CEST. The euro quotation provides the German investor perspective, while OCBC's operating figures and analyst targets remain denominated in Singapore dollars.

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