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Brokers' take
Published Tue, Apr 30, 2019 · 09:50 PM
DBS Group Holdings | Hold (Downgraded) April 30 close: S$28.25 Fair value: S$29.18 OCBC Investment Research, April 30
DBS posted Q1 2019 net earnings of S$1.65 billion on Monday, beating consensus of S$1.48 billion.
Allowances came off from S$164 million in Q1 2018 and S$205 million in Q4 2018 to S$76 million in Q1 2019.
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