DBS Group (OTCMKTS:DBSDY) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of DBS Group (OTCMKTS:DBSDY) from a hold rating to a strong-buy rating in a research note published on Monday,Zacks.com reports.

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

DBS Group Price Performance

Shares of DBSDY opened at $240.85 on Monday. DBS Group has a twelve month low of $149.44 and a twelve month high of $242.24. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.83 and a current ratio of 0.83. The company has a 50 day moving average of $214.90 and a two-hundred day moving average of $194.00.

About DBS Group

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.