Instead, Macquarie sees a “catch-up play” in UOB. Vantarakis upgraded the stock to “outperform” with a target price of S$41.
We keep our fair value estimate of SGD 41 for DBS Group, equivalent to 1.8 times 2023 projected book value and 22% above the current share price. DBS maintained return on equity, or ROE, above 18% for ...
DBS Group has increased its dividend five times since March 2020, with a 200% increase. Q4 and FY 2023 financial results show record earnings and improved ROE for DBS Group. DBS Group's NIM may ...