OCBC (OVCHF) Receives a Hold from DBS
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2025
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Source: Business Insider
Analyst Rating and Price Target: Lim Rui Wen from DBS has maintained a Hold rating on OCBC with a price target of S$14.40, while the shares closed at $11.65. The analyst consensus for OCBC is a Moderate Buy with a price target of $13.84.
Financial Performance: OCBC reported a quarterly revenue of $3.8 billion and a net profit of $1.97 billion for the quarter ending September 30, showing growth compared to last year's revenue of $3.44 billion and net profit of $1.71 billion.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
