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

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.

Shares of DBSDY stock opened at $73.04 on Wednesday. DBS GRP HOLDING/S has a 52 week low of $65.14 and a 52 week high of $93.61. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.90. The firm has a market capitalization of $44.32 billion, a PE ratio of 14.70, a price-to-earnings-growth ratio of 0.63 and a beta of 1.02.

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.

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