BDO Consensus Rating (BDO Unibank, Inc.) --- Mean Consensus: - TopicsExpress

BDO Consensus Rating (BDO Unibank, Inc.) --- Mean Consensus: OUTPERFORM Average Target Price: Php108 Number of Analysts: 14 Source: Thompson Reuters *BDO Rating/TP by COL Financial (12/01/2014) - Rating: Downgraded to HOLD (Due to Valuation) - TP: Php107.00 - Strength in core operations already priced in. *BDO Rating/TP by Maybank ATR Kim Eng (01/20/2015) - Rating: Upgrade to BUY. - TP: Php123.00 (equivalent to 2.3x 2015F P/BV & 17.1x PER). - Aggressive growth paying off.

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