DBS GRP HOLDING/S (OTCMKTS:DBSDY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday.
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 raised shares of DBS GRP HOLDING/S from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd.
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.
Read More: How do taxes affect a CDs total return?
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.