CGSI raises target for DBS Group stock to SGD 79.50

Published on 10/14/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CGSI set a SGD 79.50 target after SGD 77.10. DBS Group stock traded at EUR 51.46 on October 14, 2026, while SGX quoted SGD 74.34.

Target and earnings timeline

CGS International set a SGD 79.50 target on October 12, 2026.
Second-quarter net profit reached SGD 3.08 billion, up 9.00 percent year over year.
DBS Group stock traded at EUR 51.46 at 12:40 p.m. CEST at Lang & Schwarz on October 14, 2026.
DBS Group is scheduled to report third-quarter results on November 5, 2026.

DBS Group, SG1L01001701, Illustration mit AI erstellt.

DBS Group (ISIN SG1L01001701) received a higher SGD 79.50 target from CGS International, up from SGD 77.10, in a research note dated October 12, 2026. The Business Times reported that CGSI also upgraded DBS to Add from Hold.

Three dated developments

DBS's second-quarter results were dated August 6, 2026 by RTTNews, while SingSaver reported second-quarter net profit of SGD 3.08 billion, up 9.00 percent year over year. On October 5, 2026, the SGX board-lot change reduced the standard DBS lot to 10 shares, according to SingSaver.

On October 12, 2026, CGSI's target change became the latest dated development, with the research house citing a projected FY2027 dividend yield of 4.80 percent and return on equity of 20.00 percent, as reported by The Business Times.

What is driving the earnings mix?

The second-quarter figures show the tension between falling lending margins and expanding fee income. Net interest margin declined 18 basis points to 1.87 percent, while wealth-management fees rose 42.00 percent to a record SGD 919.00 million, according to SingSaver.

That mix matters for the next results cycle. CGSI expects third-quarter net profit of SGD 2.86 billion, down 3.20 percent year over year and 7.10 percent quarter over quarter, while projected net interest income falls 2.40 percent year over year to SGD 3.49 billion, according to The Business Times.

Upcoming reporting date

DBS is scheduled to report third-quarter results on November 5, 2026, according to Yahoo Finance. The date gives investors a defined checkpoint for whether fee growth can offset continued margin pressure.

Euro quote stays in view

DBS Group stock was trading at EUR 51.46 at Lang & Schwarz on October 14, 2026 at 12:40 p.m. CEST. The primary-market quote was last at SGD 74.34 on SGX on October 14, 2026 at 5:15 p.m. SGT. The 52-week SGX range was SGD 51.80 to SGD 79.05, and market capitalization was SGD 210.9 billion, both as of October 14, 2026.

The further course of trading is shown by the continuously updated real-time quote of DBS Group stock.