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Analysts Offer Insights on Financial Companies: DBS Group Holdings (OtherDBSDF) and Singapore Exchange (OtherSPXCF)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on DBS Group Holdings (DBSDFResearch Report) and Singapore Exchange (SPXCFResearch Report).

DBS Group Holdings (DBSDF)

CGS-CIMB analyst Andrea Choong maintained a Hold rating on DBS Group Holdings on January 24 and set a price target of S$36.50. The company’s shares closed last Friday at $27.00.

According to TipRanks.com, Choong is a 2-star analyst with an average return of 11.7% and a 75.0% success rate. Choong covers the Financial sector, focusing on stocks such as United Overseas Bank (Singapore), Oversea-Chinese Banking, and Singapore Exchange.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DBS Group Holdings with a $30.50 average price target.

See today’s best-performing stocks on TipRanks >>

Singapore Exchange (SPXCF)

In a report issued on January 25, OCBC Investment from OCBC Investment maintained a Buy rating on Singapore Exchange, with a price target of S$10.40. The company’s shares closed last Friday at $7.06.

Singapore Exchange has an analyst consensus of Moderate Buy, with a price target consensus of $7.78, representing an 12.0% upside. In a report issued on January 13, Phillip Securities also maintained a Buy rating on the stock with a S$11.71 price target.

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