Danske Bank (OTCMKTS:DNKEY) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Danske Bank (OTCMKTS:DNKEYGet Free Report) have received an average rating of “Moderate Buy” from the five research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company.

DNKEY has been the subject of a number of recent research reports. Morgan Stanley reissued an “overweight” rating on shares of Danske Bank in a report on Thursday, February 12th. Citigroup reissued a “buy” rating on shares of Danske Bank in a research note on Friday, February 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Danske Bank in a research report on Monday, November 3rd. Finally, Barclays reaffirmed an “overweight” rating on shares of Danske Bank in a report on Wednesday, December 10th.

View Our Latest Analysis on Danske Bank

Danske Bank Trading Down 1.1%

Shares of DNKEY stock opened at $26.09 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 7.44. The stock has a market capitalization of $43.57 billion, a price-to-earnings ratio of 12.36 and a beta of 0.62. Danske Bank has a 12-month low of $13.99 and a 12-month high of $27.61. The stock’s 50-day moving average price is $25.70 and its 200-day moving average price is $23.24.

Danske Bank (OTCMKTS:DNKEYGet Free Report) last released its quarterly earnings results on Thursday, February 5th. The financial services provider reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.06. The business had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.31 billion. Danske Bank had a return on equity of 13.25% and a net margin of 40.52%. Equities research analysts predict that Danske Bank will post 1.84 EPS for the current fiscal year.

Danske Bank Company Profile

(Get Free Report)

Danske Bank A/S is a major Danish banking group headquartered in Copenhagen. The firm traces its origins to the 19th century and has grown through mergers and organic expansion into one of the region’s largest financial institutions. Its shares are primarily listed on Nasdaq Copenhagen, and American investors may encounter the bank’s ADR trading on the U.S. over-the-counter market under the symbol DNKEY.

The bank provides a broad range of financial products and services across retail, commercial and institutional segments.

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Analyst Recommendations for Danske Bank (OTCMKTS:DNKEY)

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