Dear all,

Based on a simple tracking of DBS’ share price performance from CD to XD, on average, DBS seems to move approximately 4-9% above its CD price, nearer to XD (translating to around S$27.86-29.13). See Table 1 below. DBS is going to XD $1.10 on 3 May.

Table 1: DBS’ share price performance from CD to XD

Source: Ernest’s compilations

What are the analysts saying?

Based on Figure 1 below, average analyst target is around $31.15. At $27.21, this represents a potential capital upside of around 14.5%. Estimated div yield is around 4.1%. There are 17 buy; 6 hold and no sell calls.

Figure 1: DBS’ analyst compilation by Bloomberg

Source: Bloomberg 26 Mar 18

How does DBS’ chart look?

Based on Chart 1, DBS has dropped $2.50, or 8.4% from an intraday high of $29.71 ...