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Citi Research analysts have a target price of $13.10 on OCBC Bank

Citi Research analysts have a target price of $13.10 on OCBC Bank

Citi Research analysts Tian Yafei and Tan Yong Hong, pointing to soft market conditions and uncertainties weighing on wealth income for the year. “OCBC will tap on wealth flows with hubs in Singapore, Hong Kong and Dubai to also tap on European and Middle Eastern opportunities. Management indicated that strong momentum in trading income is sustainable with volatile markets. Focus continues to be on leveraging the Asean network to help Chinese companies expand overseas.”
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