Jefferies Financial Group Research Analysts Lower Earnings Estimates for DBS Grp HOLDING/S (DBSDY)

DBS Grp HOLDING/S (OTCMKTS:DBSDY) – Equities researchers at Jefferies Financial Group reduced their FY2019 earnings per share (EPS) estimates for DBS Grp HOLDING/S in a note issued to investors on Monday, November 5th. Jefferies Financial Group analyst K. Guha now forecasts that the financial services provider will post earnings of $6.88 per share for the year, down from their previous estimate of $7.15. Jefferies Financial Group also issued estimates for DBS Grp HOLDING/S’s FY2020 earnings at $7.72 EPS.

Several other brokerages have also recently commented on DBSDY. Zacks Investment Research raised shares of DBS Grp HOLDING/S from a “sell” rating to a “hold” rating in a research report on Monday, September 10th. ValuEngine cut shares of DBS Grp HOLDING/S from a “hold” rating to a “sell” rating in a research report on Saturday.

DBS Grp HOLDING/S stock opened at $68.10 on Thursday. DBS Grp HOLDING/S has a fifty-two week low of $65.41 and a fifty-two week high of $93.61. The company has a debt-to-equity ratio of 0.90, a current ratio of 0.92 and a quick ratio of 0.92. The company has a market capitalization of $44.79 billion, a P/E ratio of 13.70, a P/E/G ratio of 0.68 and a beta of 1.14.

About DBS Grp HOLDING/S

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.

See Also: Price to Earnings Ratio (PE) Basics

Earnings History and Estimates for DBS Grp HOLDING/S (OTCMKTS:DBSDY)

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