Danske Bank (OTCMKTS:DNKEY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Danske Bank (OTCMKTS:DNKEYGet Free Report) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

A number of research firms recently issued reports on DNKEY. Barclays reissued an “overweight” rating on shares of Danske Bank in a research report on Thursday, April 9th. Jefferies Financial Group reissued a “hold” rating on shares of Danske Bank in a research report on Wednesday, April 8th. Morgan Stanley reissued an “overweight” rating on shares of Danske Bank in a research report on Tuesday. Finally, Citigroup reissued a “buy” rating on shares of Danske Bank in a research report on Wednesday, May 6th.

Read Our Latest Stock Report on Danske Bank

Danske Bank Stock Performance

Shares of DNKEY stock opened at $25.28 on Friday. Danske Bank has a 1-year low of $18.55 and a 1-year high of $27.61. 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 company has a market capitalization of $41.25 billion, a price-to-earnings ratio of 11.65 and a beta of 0.61. The stock’s fifty day simple moving average is $25.26 and its 200-day simple moving average is $24.73.

Danske Bank (OTCMKTS:DNKEYGet Free Report) last released its quarterly earnings data on Thursday, April 30th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. The firm had revenue of $2.19 billion during the quarter, compared to analysts’ expectations of $2.21 billion. Danske Bank had a return on equity of 13.14% and a net margin of 40.38%. On average, sell-side analysts predict that Danske Bank will post 2.32 earnings per share 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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