DBS Group Holdings Ltd (OTCMKTS:DBSDY) Rating Lowered 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 note issued to investors on Sunday, August 6th, The Fly reports.

Separately, Zacks Investment Research lowered 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 up 0.92% on Friday, hitting $60.28. The company had a trading volume of 31,709 shares. The firm’s 50 day moving average price is $62.24 and its 200-day moving average price is $57.73. DBS Group Holdings has a 52 week low of $42.45 and a 52 week high of $65.94.

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About DBS Group Holdings

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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