DBS Group Holdings Ltd (DBSDY) Downgraded to Neutral at Goldman Sachs Group, Inc. (The)
DBS Group Holdings Ltd (OTCMKTS:DBSDY) was downgraded by Goldman Sachs Group, Inc. (The) from a “buy” rating to a “neutral” rating in a research note issued on Sunday, The Fly reports.
Separately, Zacks Investment Research cut shares of DBS Group Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, May 24th.
Shares of DBS Group Holdings (OTCMKTS DBSDY) traded down 3.22% during trading on Friday, hitting $63.10. 52,168 shares of the stock were exchanged. DBS Group Holdings has a 1-year low of $42.45 and a 1-year high of $65.94. The firm has a market cap of $40.11 billion, a PE ratio of 12.91 and a beta of 1.27.
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DBS Group Holdings Company Profile
DBS Group Holdings Ltd is an investment holding company. The Company performs its operation through its subsidiary, DBS Bank Ltd (the Bank), which is engaged in a range of commercial banking and financial services, principally in Asia. The Company’s operating segments include Consumer Banking/Wealth Management; Institutional Banking; Treasury, and Others.
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