United Overseas Bank (UOVEY) Stock Forecast & Price Target

$53.94 +0.27 (+0.50%)

(As of 11/15/2024 05:39 PM ET)

United Overseas Bank - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Strong Buy

Based on 1 Analyst Ratings

Sell
0

Hold
0

Buy
1

Based on 1 Wall Street analysts who have issued ratings for United Overseas Bank in the last 12 months, the stock has a consensus rating of "Strong Buy." Out of the 1 analysts, 1 has given a strong buy rating for UOVEY.

Consensus Price Target

N/A

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UOVEY Analyst Ratings Over Time

Type	Current Forecast 11/17/23 to 11/16/24	1 Month Ago 10/18/23 to 10/17/24	3 Months Ago 8/19/23 to 8/18/24	1 Year Ago 11/17/22 to 11/17/23
Strong Buy	1 Strong Buy rating(s)	N/A	N/A	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	N/A	N/A	1 Buy rating(s)
Hold	0 Hold rating(s)	N/A	N/A	1 Hold rating(s)
Sell	0 Sell rating(s)	N/A	N/A	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Strong Buy	N/A	N/A	Moderate Buy

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UOVEY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

UOVEY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

United Overseas Bank Stock vs. The Competition

Type	United Overseas Bank	Finance Companies	S&P 500
Consensus Rating Score	4.00	2.49	2.50
Consensus Rating	Strong Buy	Hold	Moderate Buy
Predicted Upside	N/A	12.12% Upside	9.87% Upside
News Sentiment Rating	Positive News See Recent UOVEY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date	Details
11/10/2024	The Goldman Sachs Group 2 of 5 stars	M. Kuang Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
4/17/2023	Jefferies Financial Group 2 of 5 stars		Downgrade	Buy ➝ Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:40 PM ET.

Should I Buy United Overseas Bank Stock? UOVEY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, October 31, 2024. Please send any questions or comments about these United Overseas Bank pros and cons to contact@marketbeat.com.

United Overseas Bank
Bull Case

Here are some ways that investors could benefit from investing in United Overseas Bank Limited:

United Overseas Bank Limited has shown consistent growth in its loan products, including various types of loans and structured finance services, which indicates a strong revenue stream.
The company offers a wide range of banking services globally, including forex, trade finance, and investment banking, providing diversified revenue sources.
United Overseas Bank Limited has a strong presence in the Asian market, particularly in Singapore, which is a stable and growing economy, offering potential for further expansion and profitability.
The current stock price of United Overseas Bank Limited is attractive, presenting a potential opportunity for investors to enter at a favorable valuation.
The company's involvement in various financial activities such as asset management, insurance, and wealth management diversifies its business portfolio, reducing risk exposure.

United Overseas Bank
Bear Case

Investors should be bearish about investing in United Overseas Bank Limited for these reasons:

United Overseas Bank Limited operates in a highly competitive industry with other major players, which may impact its market share and profitability.
The company's exposure to global economic conditions and market volatility could pose risks to its financial performance and stability.
Regulatory changes and compliance requirements in the banking sector could increase operational costs and affect United Overseas Bank Limited's bottom line.
Fluctuations in interest rates and currency exchange rates may impact the company's earnings and financial position, leading to potential risks for investors.
United Overseas Bank Limited's extensive range of services across different sectors may lead to operational complexities and management challenges, affecting overall efficiency.

UOVEY Forecast - Frequently Asked Questions

: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for United Overseas Bank in the last year. There is currently 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "strong buy" UOVEY shares.
: According to analysts, United Overseas Bank's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, United Overseas Bank's stock had 1 upgrade by analysts.
: United Overseas Bank has been rated by research analysts at The Goldman Sachs Group in the past 90 days.
: Analysts like United Overseas Bank more than other "finance" companies. The consensus rating for United Overseas Bank is Strong Buy while the average consensus rating for "finance" companies is Hold. Learn more on how UOVEY compares to other companies.

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This page (OTCMKTS:UOVEY) was last updated on 11/16/2024 by MarketBeat.com Staff

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United Overseas Bank (UOVEY) Stock Forecast & Price Target