UOB Kay Hian analyst Jonathan Koh maintained a Buy rating on DBS Group Holdings (DBSDF – Research Report) today and set a price target of S$41.00. The company’s shares opened today at $23.93.
According to TipRanks, Koh is an analyst with an average return of -5.8% and a 33.33% success rate. Koh covers the Financial sector, focusing on stocks such as DBS Group Holdings, OCBC, and CapitaLand Mall.
In addition to UOB Kay Hian, DBS Group Holdings also received a Buy from Maybank’s Thilan Wickramasinghe in a report issued yesterday. However, today, HSBC downgraded DBS Group Holdings (Other OTC: DBSDF) to a Hold.
See today’s best-performing stocks on TipRanks >>
DBSDF market cap is currently $63.2B and has a P/E ratio of 10.56.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
DBS Group Holdings Ltd. is an investment company, which engages in the provision of retail, small and medium-sized enterprise, corporate, and investment banking services. It operates through the following business segments: Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others. The Consumer Banking/Wealth Management segment provides services including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products. The Institutional Banking segment offers financial services and products to institutional clients. The Treasury Markets segment deals with structuring, market-making, and trading across a broad range of treasury products. The Others segment covers activities from corporate decisions and income; and expenses not attributed to the business segments described. The company was founded in 1968 and is headquartered in Singapore.
Read More on DBSDF:
