DBS Grp HOLDING/S (DBSDY) Downgraded by Zacks Investment Research

Zacks Investment Research lowered shares of DBS Grp HOLDING/S (OTCMKTS:DBSDY) from a hold rating to a sell rating in a research report released on Thursday.

According to Zacks, “DBS Group Holdings Ltd is the holding company of DBS Bank and is one of the largest companies in terms of market capitalisation whose shares are listed on the Singapore Exchange. DBS Group Holdings Ltd and its subsidiaries form one of the largest banking groups in the region in terms of shareholders’ funds and total assets. DBS is also a leading bank in Hong Kong. “

Separately, ValuEngine lowered shares of DBS Grp HOLDING/S from a buy rating to a hold rating in a research report on Tuesday, May 29th.

Shares of OTCMKTS:DBSDY opened at $77.25 on Thursday. The firm has a market capitalization of $49.13 billion, a P/E ratio of 14.36 and a beta of 1.15. DBS Grp HOLDING/S has a 1 year low of $59.20 and a 1 year high of $93.61. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.94 and a quick ratio of 0.94.

DBS Grp HOLDING/S Company Profile

DBS Group Holdings Ltd, an investment holding company, provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. It operates through Consumer Banking/Wealth Management, Institutional Banking, Treasury Markets, and Others segments.

Recommended Story: Trading Strategy Examples and Plans

Get a free copy of the Zacks research report on DBS Grp HOLDING/S (DBSDY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for DBS Grp HOLDING/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DBS Grp HOLDING/S and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit