UOB Kay Hian cuts target for OCBC stock to SGD 11.80

Published on 10/12/2026 at 09:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UOB Kay Hian cut its target from SGD 11.96 to SGD 11.80. OCBC stock was at EUR 20.22 on October 12, 2026.

Key points in brief

UOB Kay Hian cut its OCBC target from SGD 11.96 to SGD 11.80 while retaining a Buy rating on October 11, 2026.
OCBC reported first-half 2026 net profit of SGD 4.19 billion, up 13.00 percent year on year.
The Lang & Schwarz quote was EUR 20.22 on October 12, 2026 at 9:26 a.m. CEST.
OCBC is scheduled to report third-quarter 2026 results on November 6, 2026.

OCBC, SG1S04926220, Illustration mit AI erstellt.

OCBC (ISIN SG1S04926220) was trading at EUR 20.22 at Lang & Schwarz in pre-market trading on October 12, 2026, while UOB Kay Hian had lowered its target from SGD 11.96 to SGD 11.80 on October 11, 2026. The brokerage retained its Buy rating, making the target revision the latest dated analyst signal for the Singapore bank.

Target cut sets the tone

According to The Edge Malaysia on October 11, 2026, UOB Kay Hian reduced its target by SGD 0.16, equal to a 1.34 percent cut from SGD 11.96, but kept its Buy rating. The report linked the cautious view to weaker expectations for the bank's recent quarterly performance and higher costs.

The target revision contrasts with stronger first-half figures. Money Snap reported that OCBC's net profit reached SGD 4.19 billion in the first half of 2026, up 13.00 percent from SGD 3.70 billion in the first half of 2025. The same report said the interim dividend rose to SGD 0.47 per share from SGD 0.41.

Three dated signals for OCBC

On August 7, 2026, OCBC's latest reported results showed second-quarter earnings per share of 0.49 against an estimate of 0.44, according to Investing.com. On September 17, 2026, OCBC announced a 10-year agreement with China's Bank of Ningbo, according to OCBC.

On October 11, 2026, UOB Kay Hian's target revision supplied the most recent figure. Together, the sequence shows a bank with double-digit first-half profit growth but a more cautious near-term valuation signal.

What comes next for results?

MarketScreener lists November 6, 2026 as the date for OCBC's third-quarter 2026 earnings release. That date gives investors a concrete checkpoint after the target cut, while the first-half profit of SGD 4.19 billion provides the latest reported earnings baseline.

OCBC stock in pre-market trading

OCBC stock was trading at EUR 20.22 at Lang & Schwarz on October 12, 2026 at 9:26 a.m. CEST. The quote was in the pre-market phase from the perspective of the Xetra session, and no daily percentage is stated here because the dated Xetra closing reference was not established.

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