--- title: "Weekly Recap | DBS Group -2.5%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/298801076.md" description: "DBS Group (DBSDY.US) fell 2.5% this week to close at $242.70, underperforming the S&P 500 by about 1.7 percentage points. The week’s range was 6.84%, with an up-and-down pattern: Tuesday held above $247, Wednesday slipped to around $244, Thursday briefly touched a high of $250.99 before turning lower to a weekly low of $234.03, and Friday settled at $242.70. The close remains near the top of its 60-day range, sitting above the 20-day moving average of $241.55 and roughly 3." datetime: "2026-09-12T08:06:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298801076.md) - [en](https://longbridge.com/en/news/298801076.md) - [zh-HK](https://longbridge.com/zh-HK/news/298801076.md) generator: "portal-rs" --- # Weekly Recap | DBS Group -2.5%, most brokers rate it buy ## The Week DBS Group (DBSDY.US) fell 2.5% this week to close at $242.70, underperforming the S&P 500 by about 1.7 percentage points. The week’s range was 6.84%, with an up-and-down pattern: Tuesday held above $247, Wednesday slipped to around $244, Thursday briefly touched a high of $250.99 before turning lower to a weekly low of $234.03, and Friday settled at $242.70. The close remains near the top of its 60-day range, sitting above the 20-day moving average of $241.55 and roughly 3.7% below the 60-day high of $252. ## Key Events News this week centred on two areas: payment innovation and litigation. On Tuesday, DBS and Citi announced settlement of USD payments in minutes via tokenised deposits, and later that evening disclosed the first weekend tokenised USD cross-border payment completed on Swift Ledger, underlining DBS’s work on real-time cross-border settlement infrastructure. On Wednesday, liquidators of four firms filed a S$1.3 billion lawsuit against DBS involving claims tied to BVI-registered companies; DBS publicly rejected the suit and said it categorically rejects the claim. No earnings guidance or major regulatory announcements came this week, and there was no clear alignment between news flow and price action. ## Analyst Ratings One broker covering DBS Group rates it buy this week, with no hold, under or sell ratings; the consensus rating is strong buy and the consensus target price is $249.85, about 2.95% above the weekly close of $242.70. The target sits in a single band, so dispersion is low. Within the diversified banks industry, the stock ranks 56th out of 60 rated companies. ## The Week Ahead Next week brings a run of US macro data: the New York Empire State Manufacturing Index on Tuesday, followed by retail sales, retail sales ex-autos, import prices, the NAHB Housing Market Index and EIA crude inventories on Wednesday. These releases may shape USD liquidity and valuation expectations for global bank shares. DBS Group (ADR) will report fiscal Q3 2026 earnings before the market opens on 4 November, with estimated revenue of US$4.783 billion; there are no company-specific earnings next week. ## In Short DBS Group (ADR) advanced on payment innovation this week, but the share price pulled back with the broader market and lagged the S&P 500. The rating set is a single buy with a strong-buy consensus, and the target price sits about 2.95% above spot; valuation stands at 19.87x P/E and 3.18x P/B. Going forward, the focus shifts to macro data and the Q3 earnings print, and whether the revenue estimate holds up and cross-border payment progress feeds into fundamental expectations. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [DBSDY.US](https://longbridge.com/en/quote/DBSDY.US.md) ## Related News & Research - [DBS PayLah! rolls out QR payments in Taiwan](https://longbridge.com/en/news/302498285.md) - [DBS commits S$1 million to haze relief efforts for seniors, migrant workers in Singapore](https://longbridge.com/en/news/303038057.md) - [Consensus price target for DBS Group Holdings Ltd - depositary receipt increased by 33.10% to $256.27](https://longbridge.com/en/news/302963211.md) - [DBS, Maybank, IFC to collaborate on funding Johor-Singapore renewable energy project](https://longbridge.com/en/news/303042429.md) - [EULAV Asset Management Acquires 9,727 Shares of Moderna, Inc. $MRNA](https://longbridge.com/en/news/303047245.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**