Jefferies Lifts Target Prices for Singapore’s Big Three Banks Amid Resilient NIMs and Stable Growth

Singapore Banks In a bullish outlook on Singapore’s banking sector, Jefferies has revised upward its target prices for the country’s three major banks—DBS, OCBC, and UOB—citing stable net interest margins (NIMs) and resilient economic conditions. The investment bank also raised its earnings per share (EPS) forecasts for all three lenders, highlighting their ability to navigate … Continue reading Jefferies Lifts Target Prices for Singapore’s Big Three Banks Amid Resilient NIMs and Stable Growth