DBS Group (OTCMKTS:DBSDY) Sets New 12-Month High – Still a Buy?

Shares of DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $206.99 and last traded at $204.7450, with a volume of 2071 shares traded. The stock had previously closed at $205.5730.

Analysts Set New Price Targets

Separately, Macquarie Infrastructure upgraded shares of DBS Group to a “hold” rating in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, DBS Group currently has an average rating of “Buy”.

Check Out Our Latest Research Report on DBSDY

DBS Group Stock Down 0.3%

The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.15. The business’s fifty day moving average price is $190.45 and its 200 day moving average price is $182.60.

DBS Group Company Profile

(Get Free Report)

DBS Group (OTCMKTS: DBSDY) is a Singapore-based financial services group headquartered in Marina Bay, Singapore. Established in 1968 as the Development Bank of Singapore, the group has grown into one of the region’s largest banks, offering a broad range of banking and financial services to retail, corporate and institutional clients.

DBS’s main business activities include consumer and private banking, corporate and investment banking, treasury and markets, securities brokerage, and asset and wealth management.

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