Jefferies Group Weighs in on United Overseas Bank Ltd’s FY2019 Earnings (UOVEY)
United Overseas Bank Ltd (OTCMKTS:UOVEY) – Analysts at Jefferies Group issued their FY2019 earnings estimates for United Overseas Bank in a note issued to investors on Monday. Jefferies Group analyst K. Guha expects that the company will post earnings of $3.51 per share for the year.
Separately, Zacks Investment Research upgraded United Overseas Bank from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a report on Wednesday.
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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