DBS Group

Broker's Calls

Singapore banks to shine despite regional macros, competition from fintechs: Maybank

SINGAPORE (Mar 18): Maybank Kim Eng is keeping “positive” on Singapore’s banking sector while noting significant interest among Malaysian investors in Singapore banks from a flight-to-quality angle, and for their high dividend yields as the SGD appr

Broker's Calls

More companies beat FY18 expectations this earnings season

SINGAPORE (Mar 5): The earnings season is over for now and more companies have beat their FY18 results expectations than missed, with large-caps mostly boosted by one-off gains, according to CGS-CIMB Research in a Monday report.

Broker's Calls

Ascendas Hospitality Trust kept at 'buy' on strong earnings visibility

SINGAPORE (Jan 30): DBS Vickers Securities is maintaining its “buy” call on Ascendas Hospitality Trust (A-HTRUST) with a target price of 98 cents, and is of the view that the trust’s asset-recycling strategy will continue to provide it earnings stab

In print this week

DBS Group announces its biggest 1H dividend, but is it sustainable?

SINGAPORE (Aug 20): Banking stocks are typically a favourite dividend play of investors who hunt for yield. This is because as banks grow, they tend to reward shareholders with a steady payout that usually increases gradually.

Broker's Calls

Missed the boat? DBS says Suntec REIT's rally is still sustainable

SINGAPORE (Dec 15): DBS Group is upgrading Suntec REIT to "buy" from "hold" with a revised target price of $2.30.

Broker's Calls

This bank just got an upgrade on its recent share price dip. Why?

SINGAPORE (Sept 14): OCBC has upgraded its rating on DBS Group to “buy” from “hold” with an unchanged fair value estimate of $22.50 due to the recent drop in its share price. 

Broker's Calls

Keppel kept at ‘buy’ by DBS with $7.60 target price

SINGAPORE (Aug 18): DBS Group continues to like Keppel as a proxy to ride on property and offshore & marine recovery after announcing two divestments this week.

Broker's Calls

DBS kept at ‘hold’ despite record half-year earnings

SINGAPORE (Aug 7): DBS Group might have achieved record earnings of $2.35 billion for the first half of 2017 on the back of an 8% increase in 2Q earnings, but analysts are not impressed.

Broker's Calls

DBS gets a ‘neutral’ from RHB for higher NPL guidance

SINGAPORE (Aug 4): RHB is maintaining its “neutral” rating on DBS Group with a slight increase in target price to $20.65 given guidance for higher NPLs from the oil & gas space.

Commentary

Singapore banks could use the scepticism: Bloomberg Gadfly

SINGAPORE (Aug 1): It took an earnings announcement from the smallest of Singapore's banks to shake the edifice of optimism that investors had built around all three of them. 
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