DBS Group (OTCMKTS:DBSDY) Hits New 1-Year High – Still a Buy?

DBS Group Holdings Ltd (OTCMKTS:DBSDYGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $137.81 and last traded at $131.73, with a volume of 25413 shares changing hands. The stock had previously closed at $130.40.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised DBS Group from a “hold” rating to a “strong-buy” rating in a report on Friday, January 3rd.

Check Out Our Latest Analysis on DBS Group

DBS Group Stock Up 1.0 %

The firm has a fifty day simple moving average of $128.75 and a 200 day simple moving average of $120.08.

DBS Group Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, December 5th. Stockholders of record on Monday, November 18th were issued a $1.6365 dividend. The ex-dividend date was Monday, November 18th. This is a boost from DBS Group’s previous dividend of $1.58.

About DBS Group

(Get Free Report)

DBS Group Holdings Ltd provides commercial banking and financial services in Singapore, Hong Kong, rest of Greater China, South and Southeast Asia, and internationally. The company’s Consumer Banking/Wealth Management segment offers banking and related financial services, including current and savings accounts, fixed deposits, loans and home finance, cards, payments, investment, and insurance products for individual customers.

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