CGSI raises target for DBS Group stock to SGD 79.50

Published on 10/14/2026 at 15:40 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

CGSI sees SGD 2.86 billion profit, down 3.20 percent year over year. DBS Group stock costs EUR 51.54 on October 14, 2026, down 0.17 percent on SGX.

Analyst targets and earnings estimates

CGS International lifted its DBS target from SGD 77.10 to SGD 79.50 on October 12, 2026.
CGS International estimated third-quarter 2026 net profit at SGD 2.86 billion, down 3.20 percent year over year.
DBS Group stock costs EUR 51.54 at Lang & Schwarz on October 14, 2026 at 3:33 p.m. CEST, down 0.17 percent on SGX.
The next estimated earnings date is November 5, 2026.

DBS Group, SG1L01001701, Illustration mit AI erstellt.

CGS International raised its target for DBS Group stock from SGD 77.10 to SGD 79.50 on October 12, 2026, while keeping the bank at an Add rating. At the SGX quote of SGD 74.34 on October 14, 2026, the target stands 6.94 percent higher. Lang & Schwarz quoted the stock at EUR 51.54 on October 14, 2026 at 3:33 p.m. CEST.

CGSI sees lower third-quarter profit

The Business Times reported on October 13, 2026 that CGSI expects DBS to post net profit of SGD 2.86 billion for the third quarter of 2026, down 3.20 percent from the year-earlier quarter and 7.10 percent from the second quarter of 2026.

The same estimate puts net interest income at SGD 3.49 billion, down 2.40 percent year over year and 2.50 percent quarter over quarter. CGSI also expects net interest margin of 1.86 percent, a decline of 0.10 percentage points from the year-earlier quarter.

Price stays below the yearly high

The SGX quote was SGD 74.34 at 5:15 p.m. SGT on October 14, 2026, down 0.17 percent on the day. DBS Group's 52-week range was SGD 51.80 to SGD 79.05, placing the share 5.96 percent below its high. The latest Singapore quote was below the 52-week peak even as the euro price from Lang & Schwarz remained above EUR 51.00.

DBS reported SGD 3.08 billion of net income for the second quarter of 2026 in the standardized financial statements, compared with SGD 2.93 billion in the first quarter. The quarter-on-quarter increase was 5.09 percent, giving the bank a higher earnings base against which the third-quarter estimate is measured.

Valuation and peer comparison

DBS Group traded at a price-to-earnings ratio of 18.82, with market capitalization of SGD 210.9 billion and a dividend yield of 0.04 percent on October 14, 2026. Markets Insider reported on October 12, 2026 that UOB Kay Hian maintained a Buy rating and a SGD 83.60 target.

MarketBeat estimates the next earnings announcement for November 5, 2026. Its consensus calls for earnings per share of USD 3.18 and revenue of USD 4.73 billion, although those figures are estimates rather than reported results.

Comparison with peers

DBS Group (SGX, SGD): down 0.17 percent, price-to-earnings ratio 18.82, market capitalization SGD 210.9 billion.

Oversea-Chinese Banking Corporation (SGX, SGD): down 0.68 percent, price-to-earnings ratio 16.67, market capitalization SGD 130.2 billion.

United Overseas Bank (SGX, SGD): up 0.32 percent, price-to-earnings ratio 10.53, market capitalization SGD 67.8 billion.

Trading price and next date

At Lang & Schwarz, DBS Group stock was trading at EUR 51.54 on October 14, 2026 at 3:33 p.m. CEST. The SGX quote was down 0.17 percent on the same date, while the next estimated earnings announcement is November 5, 2026.

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