DBS Group Holdings Ltd. (DBSDY) Rating Lowered to Neutral at Goldman Sachs Group, Inc. (The)
DBS Group Holdings Ltd. (OTCMKTS:DBSDY) was downgraded by research analysts at Goldman Sachs Group, Inc. (The) from a “buy” rating to a “neutral” rating in a report issued on Sunday.
Separately, Zacks Investment Research raised DBS Group Holdings from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research note on Tuesday, May 23rd.
DBS Group Holdings (OTCMKTS DBSDY) opened at 62.30 on Friday. DBS Group Holdings has a 12 month low of $42.45 and a 12 month high of $65.94. The stock has a market capitalization of $39.60 billion, a P/E ratio of 12.75 and a beta of 1.27.
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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