DBS Group Holdings

Asian Wealth Management And Digital Adoption Will Unlock Potential

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

10 Nov 24

Updated

02 Dec 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

25.8%

7D

1.6%

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1Y

25.8%

7D

1.6%

You can edit this narrative until Dec 3 6:05 AM. Then, changes will post as Updates.

Author's Valuation

S$56.172.0% undervalued

AnalystConsensusTarget Fair Value

Shared on 02 Dec 25

Fair value Increased 1.58%

D05: Dividend Yield Sustainability And Digital Expansion Will Define Investment Outlook

Analysts have raised their price target for DBS Group Holdings to S$56, up from S$50.50. This revision is attributed to improved earnings growth forecasts and a continued positive outlook, supported by the bank's sector-leading dividend yield.

Shared on 18 Nov 25

Fair value Increased 8.08%

D05: Dividend Yield And Digital Payments Partnerships Will Shape Outlook

The analyst price target for DBS Group Holdings has been raised from S$51.16 to S$55.29. Analysts cite stronger revenue growth expectations and a sector-leading dividend yield as factors supporting the stock’s outlook.

Shared on 08 Aug 25

Fair value Increased 8.50%

The upward revision in DBS Group Holdings’ consensus price target is primarily driven by improved revenue growth forecasts and a modestly higher future P/E multiple, resulting in a new fair value of SGD50.61. What's in the News DBS Group Holdings paused plans to form an insurance partnership in India and Taiwan after initial offers from bidders did not meet value expectations.

Shared on 01 May 25

Fair value Increased 3.65%

Shared on 23 Apr 25

Fair value Decreased 1.26%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 3.36%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 2.44%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 0.97%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 0.27%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Decreased 0.14%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Increased 7.36%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

S$56.17

2.0% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

4.16%

Banks revenue growth rate

0.26%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

6.97%

Calculation

S$12.34b

Earnings '28

x

15.79x

PE Ratio '28

=

S$194.74b

Market Cap '28

S$194.74b

Market Cap '28

/

2.83b

No. shares '28

=

S$68.75

Share Price '28

S$68.75 Share Price '28

Discounted to 2025 @ 6.98% p.a.

=

S$56.16

Fair Value '25