Danske Bank A/S (OTCMKTS:DNKEY) Price Target Cut to 112.00

Danske Bank A/S (OTCMKTS:DNKEYGet Rating) had its price target cut by Deutsche Bank Aktiengesellschaft from 124.00 to 112.00 in a research report sent to investors on Monday, The Fly reports. They currently have a hold rating on the financial services provider’s stock.

Other equities analysts have also issued reports about the stock. Barclays dropped their price target on shares of Danske Bank A/S from 96.00 to 95.00 in a research report on Tuesday, July 5th. Morgan Stanley upgraded shares of Danske Bank A/S from an equal weight rating to an overweight rating in a research report on Friday, June 24th. Finally, JPMorgan Chase & Co. lowered shares of Danske Bank A/S from a neutral rating to an underweight rating and dropped their price target for the stock from $110.00 to $95.00 in a research report on Tuesday, June 28th. Three equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Danske Bank A/S presently has an average rating of Hold and an average target price of $115.33.

Danske Bank A/S Stock Performance

Shares of OTCMKTS DNKEY opened at $6.87 on Monday. The firm has a 50 day moving average of $7.35 and a 200 day moving average of $8.17. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 7.23. The firm has a market capitalization of $11.85 billion, a price-to-earnings ratio of 6.87 and a beta of 0.89. Danske Bank A/S has a 12-month low of $6.36 and a 12-month high of $10.30.

Danske Bank A/S (OTCMKTS:DNKEYGet Rating) last announced its earnings results on Friday, April 29th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter. The company had revenue of $1.56 billion during the quarter. Danske Bank A/S had a net margin of 29.32% and a return on equity of 6.51%.

Danske Bank A/S Company Profile

(Get Rating)

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers corporate finance services, investment and debt capital markets products, merger and acquisition advisory services, equity and loan capital markets services, international payments, cash management, credit transfer, and supply chain and trade finance services.

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Analyst Recommendations for Danske Bank A/S (OTCMKTS:DNKEY)

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