DBS Group (DBSDY) Expected to Post Earnings on Thursday

DBS Group (OTCMKTS:DBSDY) is projected to announce its results before the market opens on Thursday, November 5th. Analysts expect DBS Group to announce earnings of $3.18 per share and revenue of $4.73 billion for the quarter.

DBS Group Stock Performance

Shares of DBSDY stock opened at $221.24 on Wednesday. The firm’s 50 day moving average is $238.08 and its 200 day moving average is $206.79. DBS Group has a 12 month low of $156.50 and a 12 month high of $255.39.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of DBS Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 23rd. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

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 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.