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Brokers' take

Published Mon, Aug 6, 2018 · 09:50 PM

United Overseas Bank (UOB) | Buy Fair value: S$32.09 Aug 6 close: S$27.13 OCBC Investment Research, Aug 6

UOB delivered Q2 net earnings of S$1.08 billion, up 28 per cent year-on-year and up 10 per cent quarter-on-quarter, and better than the street's estimate of S$976 million.

Management has declared an interim dividend of 50 Singapore cents, and this is payable on Aug 28.

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