DBS GRP HOLDING/S (OTCMKTS:DBSDY) was downgraded by research analysts at Sanford C. Bernstein from an “outperform” rating to a “market perform” rating in a report released on Tuesday, The Fly reports.
Other analysts also recently issued reports about the stock. ValuEngine downgraded shares of DBS GRP HOLDING/S from a “hold” rating to a “sell” rating in a research report on Thursday, August 1st. Zacks Investment Research downgraded shares of DBS GRP HOLDING/S from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 1st. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $93.00.
Shares of OTCMKTS:DBSDY opened at $72.56 on Tuesday. The company has a market capitalization of $47.56 billion, a price-to-earnings ratio of 11.28, a P/E/G ratio of 2.58 and a beta of 1.14. The firm’s 50 day simple moving average is $72.12 and its 200 day simple moving average is $75.10. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.94 and a quick ratio of 0.94. DBS GRP HOLDING/S has a fifty-two week low of $65.14 and a fifty-two week high of $83.43.
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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