DBS Group (DBSDY) Raised to “Buy” at Goldman Sachs Group

DBS Group (OTCMKTS:DBSDY) was upgraded by equities researchers at Goldman Sachs Group from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Thursday, The Fly reports.

Other analysts have also issued research reports about the company. ValuEngine raised DBS Group from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Zacks Investment Research raised DBS Group from a “hold” rating to a “buy” rating and set a $84.00 price objective on the stock in a research report on Tuesday, January 2nd.

Shares of DBS Group (OTCMKTS:DBSDY) traded up $3.37 during midday trading on Thursday, reaching $80.46. The company’s stock had a trading volume of 64,949 shares, compared to its average volume of 39,053. The stock has a market capitalization of $50,673.41, a price-to-earnings ratio of 17.68, a price-to-earnings-growth ratio of 4.08 and a beta of 1.41. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 0.75. DBS Group has a 52 week low of $50.77 and a 52 week high of $83.90.

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DBS Group 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.

The Fly

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