DBS Group Holdings Ltd (OTCMKTS:DBSDY – Get Free Report)’s share price gapped up prior to trading on Thursday. The stock had previously closed at $233.64, but opened at $242.73. DBS Group shares last traded at $233.85, with a volume of 5,362 shares.
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 given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.
Get Our Latest Stock Report on DBS Group
DBS Group Stock Down 0.5%
The company’s fifty day moving average price is $239.70 and its two-hundred day moving average price is $215.92.
About DBS Group
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 Asian banking institution serving individuals, businesses, corporations and institutional clients.
DBS provides consumer and commercial banking, wealth management, investment banking, treasury and markets, and transaction banking services. Its offerings include deposits, loans, credit cards, mortgages, investment products, insurance, cash-management solutions, trade finance and corporate advisory services.
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