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.


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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