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Brokers' take

Published Thu, Jul 19, 2018 · 09:50 PM

Oversea-Chinese Banking Corporation | Buy Target price: S$13.52 July 19 close: S$11.25 UOB Kay Hian, July 19

We expect OCBC to register a healthy loan growth of 10 per cent year-on-year and wealth management fees to grow 20.9 per cent year-on-year with steady expansion of assets under management in Q2 FY18.

However, investors could be disappointed with an expected second consecutive q…

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