Zacks Research Upgrades DBS Group (OTCMKTS:DBSDY) to Strong-Buy

DBS Group (OTCMKTS:DBSDYGet Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Macquarie Infrastructure raised DBS Group to a “hold” rating in a research report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Read Our Latest Stock Analysis on DBSDY

DBS Group Trading Up 1.4%

OTCMKTS DBSDY opened at $240.85 on Monday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.83 and a current ratio of 0.83. DBS Group has a one year low of $149.44 and a one year high of $242.24. The company’s 50 day moving average price is $214.90 and its 200 day moving average price is $194.00.

About DBS Group

(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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