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Analysts maintain 'buy' on OCBC following 1H21 results, see higher earnings and dividends ahead

Atiqah Mokhtar
Atiqah Mokhtar8/6/2021 10:19 AM GMT+08  • 4 min read
Analysts maintain 'buy' on OCBC following 1H21 results, see higher earnings and dividends ahead
Analysts have largely kept target prices for OCBC unchanged.
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Analysts are positive on Oversea-Chinese Banking Corporation (OCBC) following its 1HFY2021 ended June results announcement on August 4.


See: OCBC’s 2Q21 net profit rises 59% to $1.16 bil, interim DPS of 25 cents declared

Maybank Kim Eng kept its “buy” call with a higher target price of $14.30, up from $14.17 previously. RHB Group Research and DBS Group Research also kept their “buy” calls, with unchanged target prices of $14.30 and $14 respectively. Similarly, CGS-CIMB Research maintained its “add” call and target price of $13.75.

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