DBS Group stock: CGS International raises target for DBS Group stock from SGD 77.10 to SGD 79.50

Published on 10/16/2026 at 17:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter 2026 revenue reached SGD 5.98 billion, up 6.80 percent year over year. DBS Group stock costs EUR 51.53 on October 16, 2026.

Analyst target and quarterly date

CGS International raised its DBS target from SGD 77.10 to SGD 79.50 on October 12, 2026.
Second-quarter 2026 revenue reached SGD 5.98 billion, up 6.80 percent year over year.
DBS Group stock costs EUR 51.53 at Lang & Schwarz on October 16, 2026 at 5:30 p.m. CEST.
DBS is scheduled to report third-quarter 2026 results on November 5, 2026.

DBS Group, SG1L01001701, Illustration mit AI erstellt.

CGS International raised its target for DBS Group from SGD 77.10 to SGD 79.50 in a research note dated October 12, 2026, according to The Business Times. DBS Group stock was trading at EUR 51.53 at Lang & Schwarz on October 16, 2026 at 5:30 p.m. CEST.

Quarterly figures support the case

DBS reported second-quarter 2026 revenue of SGD 5.98 billion, up 6.80 percent from the second quarter of 2025. Net income rose 9.00 percent to SGD 3.08 billion, while profit margin increased to 52.00 percent from 50.00 percent, according to Simply Wall St.

The analyst revision comes as the bank approaches its next scheduled report. The Business Times said DBS will report third-quarter 2026 earnings on November 5, 2026. The same report said CGS International expects non-interest income to rise 2.90 percent year over year, while net interest income could decline 2.40 percent.

SGX range keeps the stock in view

On the Singapore Exchange, DBS last traded at SGD 74.11 on October 16, 2026 at 5:15 p.m. SGT, up 0.49 percent from the prior close of SGD 73.75. The 52-week range was SGD 51.80 to SGD 79.05, placing the share SGD 4.94 below its high.

Valuation and peer comparison

DBS had a market capitalization of SGD 210.8 billion and a price-to-earnings ratio of 18.76 as of October 16, 2026. The bank's latest quoted dividend yield was 4.00 percent.

Comparison with peers

DBS Group: price-to-earnings ratio 18.76, market capitalization SGD 210.8 billion.
United Overseas Bank (SGX, SGD): minus 0.19 percent, price-to-earnings ratio 10.67, market capitalization SGD 68.6 billion.
OCBC (SGX, SGD): share price SGD 29.00, market capitalization SGD 130.2 billion.

What comes next

The November 5, 2026 earnings release is the next scheduled company date. For investors, the key comparison will be whether fee income growth offsets the pressure on net interest income described by CGS International.