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 (UOVEY) traded down $0.87 during trading on Wednesday, reaching $38.25. The company’s stock had a trading volume of 36,452 shares, compared to its average volume of 24,958. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market capitalization of $31,806.03, a price-to-earnings ratio of 4.21, a P/E/G ratio of 4.34 and a beta of 1.26. United Overseas Bank has a one year low of $27.60 and a one year high of $39.61.

WARNING: This story was first posted by American Banking News and is the property of of American Banking News. If you are accessing this story on another publication, it was copied illegally and reposted in violation of international copyright laws. The legal version of this story can be viewed at https://www.americanbankingnews.com/2017/12/06/jefferies-group-weighs-in-on-united-overseas-bank-ltds-fy2019-earnings-uovey.html.

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.

Receive News & Ratings for United Overseas Bank Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Overseas Bank Ltd and related companies with MarketBeat.com's FREE daily email newsletter.