UOB Kay Hian sets SGD 35.70 target for OCBC stock

Published on 10/27/2026 at 09:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UOB Kay Hian sees SGD 2.05 billion profit in Q3 2026. OCBC stock is quoted at EUR 20.27 on October 27, 2026 before results on November 6.

Analyst view and earnings date

UOB Kay Hian set a SGD 35.70 target for OCBC on October 15, 2026.
OCBC reported SGD 4.19 billion in first-half 2026 net profit, up 13.00 percent.
OCBC stock trades at EUR 20.27 at 9:17 a.m. CEST at Lang & Schwarz on October 27, 2026.

OCBC, SG1S04926220, Illustration mit AI erstellt.

OCBC (SG1S04926220) was trading at EUR 20.27 at Lang & Schwarz on October 27, 2026 at 9:17 a.m. CEST. The latest analyst view came from UOB Kay Hian, which on October 15 set a Buy rating and a SGD 35.70 target as it prepared for the bank's third-quarter results.

Target reflects wealth growth

According to UOB Kay Hian, OCBC's projected third-quarter 2026 net profit is SGD 2.05 billion, up 4.00 percent year on year but down 8.00 percent from the second quarter. The research house said wealth management fees accounted for 63.00 percent of fee income, making that business a central earnings variable.

The same report linked its target to OCBC's strategic push to accelerate growth. It also projected a 40.10 percent cost-to-income ratio for the third quarter, compared with 38.60 percent in the second quarter, while expecting stable asset quality.

Three milestones shape the story

OCBC reported SGD 4.19 billion in first-half 2026 net profit on August 7, 2026, an increase of 13.00 percent from a year earlier, according to OCBC. On October 7, 2026, Citi downgraded the stock from neutral to sell and set a SGD 27.50 target, as CNA reported. UOB Kay Hian then published its SGD 35.70 target on October 15, 2026.

When are the next results?

UOB Kay Hian listed November 6, 2026 as OCBC's third-quarter reporting date. That release will test whether loan growth and wealth income can offset pressure on net interest income.

Stock price and valuation context

OCBC's Singapore-listed shares were quoted at SGD 29.00 at 4:13 p.m. SGT on October 27, 2026. The same market snapshot showed a market capitalization of SGD 130.4 billion and a 52-week range of SGD 16.75 to SGD 32.57. For investors, the key contrast is clear: the bank entered the results window with record first-half earnings, while analyst views still differ on how much of that momentum can continue.

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