OCBC - Stock calls

Date	Analyst	Company	Last	Target	Call	Valuation
01/02/24	UOB Kay Hian	OCBC	13	16.85	Buy
01/08/24	phillip	OCBC	12.97	14.96	Buy
01/22/24	UOB Kay Hian	OCBC	12.91	17	Buy	GGM, PB1.31x FY25, PB1.42x FY24
01/24/24	CIMB	OCBC	12.9	14	Add
01/24/24	Citi Research	OCBC	12.9	12.8	Hold
01/30/24	DMG & Partners	OCBC	12.88	13.7	Neutral
02/01/24	Lim & Tan	OCBC	12.89	0	Accumulate
02/13/24	DBS Vickers	OCBC	12.95	13.7	Hold	GGM, PB1x FY24
02/19/24	UOB Kay Hian	OCBC	13.26	17	Buy
02/19/24	phillip	OCBC	13.26	14.96	Buy
02/19/24	DMG & Partners	OCBC	13.26	13.4	Neutral
02/28/24	CIMB	OCBC	13.31	14	Add	GGM
02/28/24	Lim & Tan	OCBC	13.31	14.2	Accumulate on weakness
02/29/24	UOB Kay Hian	OCBC	13.31	17.22	Buy	GGM, PB1.31x FY25
02/29/24	DBS Vickers	OCBC	13.31	14	Hold	GGM, PB1x FY24
03/01/24	phillip	OCBC	12.98	14.96	Buy	GGM, PB1.29x FY22
03/11/24	DMG & Partners	OCBC	13.18	13.1	Neutral
03/15/24	CIMB	OCBC	13.34	14	Add
03/15/24	Citi Research	OCBC	13.34	13.5	Hold
04/03/24	UOB Kay Hian	OCBC	13.64	17.22	Buy	GGM, PB1.31x FY25
04/05/24	phillip	OCBC	13.76	14.96	Buy	GGM, PB1.29x FY22
04/05/24	Lim & Tan	OCBC	13.76	14.4	Accumulate on weakness
04/09/24	UOB Kay Hian	OCBC	13.73	18.15	Buy	GGM, PB1.37x FY25
04/15/24	DMG & Partners	OCBC	13.77	13.1	Neutral
04/17/24	DMG & Partners	OCBC	13.51	13.9	Neutral	GGM, PB1.07x FY25
04/17/24	Citi Research	OCBC	13.51	13.4	Hold
05/03/24	UOB Kay Hian	OCBC	14.34	18.15	Buy	GGM, PB1.31x FY25
05/10/24	DBS Vickers	OCBC	13.91	14	Hold
05/10/24	Lim & Tan	OCBC	13.91	14.77	Hold
05/13/24	UOB Kay Hian	OCBC	14.12	18.1	Buy	GGM, PB1.36x FY25
05/13/24	DBS Vickers	OCBC	14.12	14.9	Hold	GGM, PB1x FY24
05/13/24	phillip	OCBC	14.12	15.4	Accumulate	GGM
05/13/24	DMG & Partners	OCBC	14.12	14.8	Neutral	GGM, PB1.13x
05/13/24	Citi Research	OCBC	14.12	14	Hold
06/27/24	UOB Kay Hian	OCBC	14.4	18.35	Buy
06/27/24	DMG & Partners	OCBC	14.4	14.8	Hold	GGM, PB1.06x FY25
07/01/24	CIMB	OCBC	14.33	15.4	Add
07/04/24	UOB Kay Hian	OCBC	14.98	18.35	Buy
07/04/24	Lim & Tan	OCBC	14.98	15.3	Hold
07/05/24	DBS Vickers	OCBC	15.15	14.9	Hold	GGM, PB1x FY24
07/15/24	phillip	OCBC	15.28	15.4	Accumulate
08/02/24	CIMB	OCBC	14.82	16.7	Add	GGM
08/02/24	Lim & Tan	OCBC	14.82	15.5	Hold
08/02/24	Citi Research	OCBC	14.82	14	Neutral	GGM, PB1.1x FY24
08/05/24	phillip	OCBC	14.8	15.4	Accumulate	GGM, PB1.33x FY24
08/05/24	DMG & Partners	OCBC	14.8	15.7	Neutral	GGM, PB1.13x
08/05/24	Citi Research	OCBC	14.8	13	Sell
08/06/24	DBS Vickers	OCBC	14.02	14.9	Hold	GGM, PB1x FY24
09/03/24	CIMB	OCBC	14.66	16.7	Add	GGM
09/20/24	phillip	OCBC	15.46	15.4	Accumulate
09/23/24	DMG & Partners	OCBC	15.47	15.7	Neutral	GGM, PB1.1x FY25
10/08/24	DBS Vickers	OCBC	14.95	14.9	Hold	GGM, PB1x FY24
10/14/24	Kim Eng	OCBC	14.97	17.01	Buy	DDM
10/14/24	Citi Research	OCBC	14.97	13.7	Sell
10/17/24	UOB Kay Hian	OCBC	15.1	19.4	Buy	GGM, PB1.45x FY25
10/24/24	HSBC	OCBC	15.37	16.5	Hold	Up from $15.80
11/01/24	UOB Kay Hian	OCBC	15.19	18.5	Buy	GGM, PB1.38x FY25
11/08/24	UOB Kay Hian	OCBC	15.88	18.7	Buy
11/08/24	DBS Vickers	OCBC	15.88	14.9	Hold
11/08/24	Lim & Tan	OCBC	15.88	16.15	Hold
11/11/24	UOB Kay Hian	OCBC	16.06	21	Buy	GGM, PB1.6x FY25
11/11/24	Citi Research	OCBC	16.06	15.8	Hold
11/11/24	phillip	OCBC	16.06	17	Accumulate	GGM, PB1.45x FY24
11/11/24	DBS Vickers	OCBC	16.06	16.1	Hold	GGM, PB1.2x FY25
11/11/24	DMG & Partners	OCBC	16.06	16.8	Neutral	GGM, PB1.21x FY25
11/14/24	Kim Eng	OCBC	16.26	17.89	Buy	DDM
12/02/24	CIMB	OCBC	16.28	17.7	Add
01/02/25	UOB Kay Hian	OCBC	16.69	21	Buy	GGM, PB1.6x FY25
01/03/25	phillip	OCBC	16.64	18.8	Accumulate
01/03/25	Citi Research	OCBC	16.64	17.2	Hold
01/06/25	UOB Kay Hian	OCBC	16.57	20.8	Buy	GGM, PB1.59x FY25
01/06/25	CIMB	OCBC	16.57	17.7	Add
01/13/25	MorningStar	OCBC	17.1	18	Hold	Up from $17
01/28/25	Jefferies	OCBC	17.09	19	Buy
01/23/25	DMG & Partners	OCBC	17.03	16.8	Neutral	GGM, PB1.21x FY25
02/05/25	IG	OCBC	17.26	19	Buy
02/19/25	Lim & Tan	OCBC	17.76	17.76	Hold
02/26/25	Lim & Tan	OCBC	17.6	17.8	Accumulate on weakness
02/27/25	phillip	OCBC	17.21	18.9	Accumulate	GGM, PB1.36x FY25
02/27/25	UOB Kay Hian	OCBC	17.21	21.1	Buy	GGM, PB1.57x FY25
02/27/25	DBS Vickers	OCBC	17.21	17.6	Hold	GGM, PB1.3x FY25
02/27/25	DMG & Partners	OCBC	17.21	19.1	Buy	GGM, PB1.33x FY25
03/12/25	Citi Research	OCBC	16.69	16.3	Hold	GGM, PB1.2x FY25
03/21/25	phillip	OCBC	16.94	17.9	Accumulate
03/27/25	Lim & Tan	OCBC	17.25	18.4	Accumulate