United Overseas Bank (OTC:UOVEY) Hits New 12-Month High – Still a Buy?

United Overseas Bank Ltd. (OTC:UOVEYGet Free Report) hit a new 52-week high on Thursday . The company traded as high as $59.09 and last traded at $57.67, with a volume of 53728 shares. The stock had previously closed at $57.50.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised shares of United Overseas Bank from a “hold” rating to a “strong-buy” rating in a research note on Sunday, November 10th.

View Our Latest Stock Analysis on United Overseas Bank

United Overseas Bank Stock Up 0.3 %

The business’s 50 day moving average is $54.72.

United Overseas Bank Company Profile

(Get Free Report)

United Overseas Bank Limited, together with its subsidiaries, provides banking products and services. The company’s Group Retail segment provides deposits, insurance, card, wealth management, investment, and loan and trade financing products for personal and small enterprise customers. Its Group Wholesale Banking segment offers financing, trade, cash management, and capital markets solutions, as well as advisory and treasury products for medium and large enterprises, local corporations, multi-national corporations, financial institutions, government-linked entities, financial sponsors, and property funds.

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