Research Analysts Issue Forecasts for OVERSEA-CHINESE BK’s FY2017 Earnings (OVCHY)

OVERSEA-CHINESE BK (OTCMKTS:OVCHY) – Stock analysts at Jefferies Group lifted their FY2017 earnings per share estimates for OVERSEA-CHINESE BK in a research note issued to investors on Monday. Jefferies Group analyst K. Guha now expects that the company will earn $1.38 per share for the year, up from their prior forecast of $1.24.

OVERSEA-CHINESE BK (OTCMKTS OVCHY) opened at $18.51 on Tuesday. The stock has a market capitalization of $38,656.16 and a price-to-earnings ratio of 14.07. OVERSEA-CHINESE BK has a fifty-two week low of $12.09 and a fifty-two week high of $18.95. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.79.

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Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific, and internationally. Its Global Consumer/Private Banking segment provides a range of products and services to individuals, including checking accounts, and savings and fixed deposits; consumer loans, such as housing loans, car loans, and other personal loans; credit and debit cards; wealth management products consisting of unit trusts, bancassurance products, and structured deposits; and brokerage services.

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