OVERSEA-CHINESE BK (OTCMKTS:OVCHY) – Equities research analysts at Jefferies Group raised their FY2017 earnings per share (EPS) estimates for shares of OVERSEA-CHINESE BK in a note issued to investors on Monday. Jefferies Group analyst K. Guha now anticipates that the company will post earnings per share of $1.38 for the year, up from their previous forecast of $1.24.
Separately, Zacks Investment Research raised shares of OVERSEA-CHINESE BK from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Wednesday.
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About OVERSEA-CHINESE BK
Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific, and internationally. Its Global Consumer/Private Banking segment provides a range of products and services to individuals, including checking accounts, and savings and fixed deposits; consumer loans, such as housing loans, car loans, and other personal loans; credit and debit cards; wealth management products consisting of unit trusts, bancassurance products, and structured deposits; and brokerage services.
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