DBS Group (OTCMKTS:DBSDY) Stock Rating Upgraded by Zacks Research

DBS Group (OTCMKTS:DBSDY) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Monday,Zacks.com reports.

Separately, Macquarie Infrastructure raised DBS Group to a “hold” rating in a report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, DBS Group has an average rating of “Buy”.

DBS Group Price Performance

Shares of DBS Group stock opened at $240.85 on Monday. The firm’s 50-day simple moving average is $214.90 and its 200-day simple moving average is $194.00. DBS Group has a twelve month low of $149.44 and a twelve month high of $242.24. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 1.15.

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.