DBS Group stock: CGS International raises its target to SGD 79.50 for DBS Group stock

Published on 10/21/2026 at 16:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results come November 5, 2026, UOB sees SGD 3,079 million. DBS Group stock costs EUR 52.18 on October 21, 2026, 6.42 percent below EUR 55.76.

Analyst target and reporting date

CGS International raised its target from SGD 77.10 to SGD 79.50 on October 12, 2026.
UOB Kay Hian expects SGD 3,079 million in third-quarter net profit on October 15, 2026.
DBS Group stock costs EUR 52.18 at Lang & Schwarz on October 21, 2026 at 4:08 p.m. CEST, 6.42 percent below the EUR 55.76 consensus target.
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 an upgraded rating and a higher target from CGS International, which moved its view from Hold to Add and lifted the target from SGD 77.10 to SGD 79.50 in a research note dated October 12, 2026, as The Business Times reported. DBS Group stock was trading at EUR 52.18 at Lang & Schwarz on October 21, 2026 at 4:08 p.m. CEST.

Target rises on return prospects

CGS International based its upgrade on a projected return on equity of 20.00 percent and a forecast 2027 dividend yield of 4.80 percent. The broker also expected third-quarter net profit of SGD 2,860 million, down 3.20 percent year over year and 7.10 percent from the second quarter, according to The Business Times.

What does the target imply?

DBS Group's Singapore-listed shares were last quoted at SGD 74.65 on October 21, 2026 at 5:15 p.m. SGT. The SGD 79.50 target is 6.50 percent above that price, calculated from the two Singapore-dollar values. A separate October 9 consensus placed the 12-month target at EUR 55.76, 6.42 percent above the Lang & Schwarz price, with six analyst houses covered by Boerse Express.

Results date and valuation

DBS Group is scheduled to report third-quarter results on November 5, 2026. UOB Kay Hian also identified that date in its October 15, 2026 banking preview and forecast DBS net profit at SGD 3,079 million, flat year over year and down 4.00 percent from the second quarter, as UOB Kay Hian wrote.

At the Singapore listing, DBS Group had a price-to-earnings ratio of 18.90 and a market capitalization of SGD 212.3 billion as of October 21, 2026. United Overseas Bank stood at SGD 42.00 with a price-to-earnings ratio of 10.77 and a market capitalization of SGD 69.2 billion, while Oversea-Chinese Banking Corporation stood at SGD 29.14 with a ratio of 16.75 and a market capitalization of SGD 131.0 billion.

DBS Group stock stays below consensus

The price gap to the EUR 55.76 consensus target is modest in absolute terms but leaves the analyst upgrade as the clearest dated valuation signal. The next results release will test whether projected third-quarter earnings of SGD 2,860 million to SGD 3,079 million can withstand lower interest income and higher provisions.

DBS Group stock was trading at EUR 52.18 at Lang & Schwarz on October 21, 2026 at 4:08 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of DBS Group stock.