You are here

Analysts upbeat on S'pore banks ahead of results

HSBC upgrades OCBC to 'overweight', citing clearer earnings outlook; Jefferies raises target price for DBS

The HSBC and Jefferies reports reflect general optimism in the run-up to results releases for local banks.

ANALYSTS are showing Singapore banks positive interest ahead of their results announcements, lighting the candles and putting on soft music with an upgrade and a raised target on Thursday.

HSBC upgraded OCBC Bank to "overweight" from "neutral" and raised its target price for the stock to...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to