DBS GRP HOLDING/S (OTCMKTS:DBSDY) Receives $88.00 Average PT from Analysts

DBS GRP HOLDING/S (OTCMKTS:DBSDY) has been assigned a consensus recommendation of “Hold” from the six analysts that are presently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $88.00.

Several equities analysts have recently weighed in on DBSDY shares. Goldman Sachs Group upgraded DBS GRP HOLDING/S from a “neutral” rating to a “buy” rating in a report on Tuesday, October 29th. ValuEngine upgraded shares of DBS GRP HOLDING/S from a “sell” rating to a “hold” rating in a research note on Thursday. Finally, Zacks Investment Research raised shares of DBS GRP HOLDING/S from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a research report on Tuesday, January 14th.

Shares of DBS GRP HOLDING/S stock traded up $0.06 during midday trading on Friday, hitting $78.24. The company had a trading volume of 35,140 shares, compared to its average volume of 28,595. DBS GRP HOLDING/S has a 52-week low of $68.27 and a 52-week high of $83.43. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market capitalization of $49.92 billion, a P/E ratio of 11.06, a P/E/G ratio of 2.75 and a beta of 1.14. The company has a 50 day moving average of $76.02 and a 200 day moving average of $74.60.

DBS GRP HOLDING/S (OTCMKTS:DBSDY) last announced its quarterly earnings data on Friday, November 8th. The financial services provider reported $1.82 earnings per share (EPS) for the quarter. DBS GRP HOLDING/S had a return on equity of 12.17% and a net margin of 30.42%. The business had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.63 billion. Equities research analysts forecast that DBS GRP HOLDING/S will post 7.26 EPS for the current year.

About DBS GRP HOLDING/S

DBS Group Holdings Ltd provides financial products and services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others segments. The Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.

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