Jefferies Group Analysts Boost Earnings Estimates for United Overseas Bank Ltd (UOVEY)

United Overseas Bank Ltd (OTCMKTS:UOVEY) – Equities research analysts at Jefferies Group upped their FY2017 earnings estimates for shares of United Overseas Bank in a report issued on Monday. Jefferies Group analyst K. Guha now forecasts that the company will post earnings of $2.99 per share for the year, up from their previous estimate of $2.85. Jefferies Group also issued estimates for United Overseas Bank’s FY2018 earnings at $3.32 EPS.

Shares of United Overseas Bank (UOVEY) opened at $38.89 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.10 and a quick ratio of 1.10. The company has a market cap of $32,370.00, a P/E ratio of 4.28, a price-to-earnings-growth ratio of 4.62 and a beta of 1.17. United Overseas Bank has a 1 year low of $27.60 and a 1 year high of $39.61.

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United Overseas Bank Company Profile

United Overseas Bank Limited is a bank in Asia. The Company provides financial services across the globe through its segments, which include Group Retail (GR), Group Wholesale Banking (GWB), Global Markets (GM) and Others. GR segment covers personal and small enterprise customers. GWB encompasses corporate and institutional client segments, which include medium and large enterprises, local corporations, multi-national corporations, financial institutions, government-linked entities, financial sponsors and property funds.

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