United Overseas Bank Ltd (NASDAQ:UOVEY) Given Average Rating of “Hold” by Analysts
United Overseas Bank Ltd (NASDAQ:UOVEY) has received an average broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Brokerages have set a 1-year consensus target price of $32.87 for the company, according to Zacks. Zacks has also given United Overseas Bank an industry rank of 62 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded shares of United Overseas Bank from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a report on Saturday, July 30th.
Shares of United Overseas Bank (NASDAQ:UOVEY) traded up 0.67% during mid-day trading on Monday, hitting $27.70. 7,467 shares of the stock traded hands. The firm’s 50 day moving average price is $26.74 and its 200 day moving average price is $27.11. The firm has a market cap of $22.26 billion and a price-to-earnings ratio of 9.69. United Overseas Bank has a 12-month low of $23.41 and a 12-month high of $29.89.
United Overseas Bank Company Profile
United Overseas Bank Limited is a bank in Asia. The Company provides a range of financial services across the globe through its segments, which include Group Retail (GR), Group Wholesale Banking (GWB) and Global Markets and Investment Management (GMIM), and Others. The GR segment covers Consumer, Privilege, Business and Private Banking.
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