Shares of DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as $255.39 and last traded at $245.9610, with a volume of 643 shares trading hands. The stock had previously closed at $243.90.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded DBS Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 10th. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy”.
Get Our Latest Research Report on DBS Group
DBS Group Stock Down 1.7%
DBS Group Company Profile
DBS Group Holdings Ltd. is a Singapore-based financial services group and the parent company of DBS Bank Ltd. Established in 1968 as the Development Bank of Singapore, the group has grown into a major banking organization serving consumers, businesses and institutional clients across Asia.
DBS provides consumer and commercial banking, wealth management, investment banking, transaction banking, treasury and markets services. Its offerings include deposits, loans, mortgages, credit cards, payment solutions, cash-management services, capital-markets advisory and investment products.
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