DBS, OCBC, UOB stock: an UPDATE

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The US Federal Reserves is expected to increase the interest rate this week with the strong US jobs numbers. In light of the above, the local banking stocks should be of interest to investors again. Let us revisit the performance of the three largest bank stocks in Singapore: DBS, OCBC and UOB.

DBS stock currently traded at $18.93, down by 0.73% from its 52-week high of $19.07. The stock currently traded at a Price-to-Earnings ratio of 11.244 and has a consensus target price of $19.61, a potential upside of 3.5%.

OCBC stock currently traded at $9.56, down by 1.95% from its 52-week high of $9.75. The stock currently traded at a Price-to-Earnings ratio of 11.63 and has a consensus target price of $9.631, a potential upside of 0.74%.</span></span></span>

UOB stock currently traded at $21.39, down by …

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