UOB Kay Hian keeps Buy call for OCBC stock

Published on 10/13/2026 at 09:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UOB Kay Hian kept its Buy rating and set a SGD 35.70 target. OCBC stock trades at EUR 20.46 on October 13, 2026.

Key points in brief

UOB Kay Hian maintained a Buy rating and set a SGD 35.70 target for OCBC on October 12, 2026.
OCBC reported first-half 2026 net profit of SGD 4.19 billion, up 13.00 percent year over year.
Lang & Schwarz quoted OCBC at EUR 20.46 on October 13, 2026 at 9:03 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) received a maintained Buy rating from UOB Kay Hian, which set a SGD 35.70 price target on October 12, 2026, according to Markets Insider. The call contrasts with Citi's October 6 downgrade to Sell and SGD 27.50 target, leaving analysts divided over OCBC's earnings outlook.

Three dates shaped the debate

On June 30, 2026, OCBC reported first-half net profit of SGD 4.19 billion, up 13.00 percent from SGD 3.70 billion a year earlier, while non-interest income rose 36.00 percent to SGD 3.51 billion, according to SG Stocks Investing. On October 7, 2026, Citi downgraded OCBC from Neutral to Sell with a SGD 27.50 target, as The Straits Times reported. On October 12, 2026, UOB Kay Hian maintained Buy and set SGD 35.70, according to Markets Insider.

What does the target gap mean?

The two targets differ by SGD 8.20. Citi's bearish view centers on flat third-quarter earnings and pressure on net interest margins, while UOB Kay Hian points to wealth management, trading income and insurance as growth drivers. The spread makes third-quarter execution the key test for the competing views.

November brings the next test

OCBC is scheduled to report third-quarter 2026 results on November 6, 2026, according to The Kopi Notes. Investors will have to weigh the 13.00 percent first-half profit increase against the risk that fee income and net interest margins normalize in the third quarter.

OCBC quote stays in focus

OCBC had a market capitalization of SGD 131.5 billion and a 52-week range of SGD 16.62 to SGD 32.57 in the October 13, 2026 market snapshot. At Lang & Schwarz, the stock was trading at EUR 20.46 on October 13, 2026 at 9:03 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of OCBC stock.