Singapore Stock Market News
DBS Group - Growing its WM franchise
StockFanatic
Publish date: Mon, 17 Mar 2014, 05:36 PM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
We maintain our Add rating and GGM-based target price (COE 9.5%; implied 1.39x CY14 P/BV), with catalysts still expected from its growing trade-finance and trade-related fees. We adjust our EPS only marginally for higher contributions from the wealth management franchise.
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