Research Disclosures & Disclaimers

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United Overseas Bank (UOBH.SI)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (S$)	Price Target (S$)	Rating
2022-03-30	32.31	34.00	Buy
2022-11-09	29.14	34.50	Buy
2023-04-14	30.13	34.00	Buy
2023-05-10	28.12	33.00	Buy
2023-09-29	28.50	32.50	Buy
2024-03-08	28.30	34.00	Buy
2024-07-15	32.96	37.00	Buy
2024-10-29	32.75	33.50	Neutral
2024-11-21	36.15	36.50	Neutral
2025-01-16	37.06	37.00	Neutral
2025-03-07	38.63	38.50	Neutral
2025-04-23	35.95	35.50	Neutral
2025-05-14	35.27	36.00	Neutral

Disclosures

UBS has acted as manager/co-manager in the underwriting or placement of securities of this company/entity or one of its affiliates within the past 12 months.
Within the past 12 months, UBS has received compensation for investment banking services from this company/entity or one of its affiliates.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-investment banking securities-related services are being, or have been, provided.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-securities services are being, or have been, provided.
Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.
UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.