Danske Bank A/S (OTCMKTS:DNKEY) Given Consensus Rating of “Buy” by Analysts

Danske Bank A/S (OTCMKTS:DNKEY) has been given an average recommendation of “Buy” by the six brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have issued a strong buy rating on the company.

A number of research analysts have issued reports on DNKEY shares. Barclays upgraded Danske Bank A/S from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, June 2nd. Morgan Stanley reiterated an “overweight” rating on shares of Danske Bank A/S in a research note on Friday, March 7th. Citigroup reiterated a “buy” rating on shares of Danske Bank A/S in a research note on Wednesday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Danske Bank A/S in a research note on Tuesday, May 13th.

Danske Bank A/S Price Performance

Shares of DNKEY opened at $20.48 on Tuesday. Danske Bank A/S has a 52-week low of $13.50 and a 52-week high of $20.49. The company has a debt-to-equity ratio of 7.47, a quick ratio of 1.79 and a current ratio of 1.79. The business’s 50 day moving average price is $18.29 and its two-hundred day moving average price is $16.58. The firm has a market cap of $34.20 billion, a PE ratio of 10.24 and a beta of 0.77.

Danske Bank A/S (OTCMKTS:DNKEY) last issued its earnings results on Friday, May 2nd. The financial services provider reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.01). Danske Bank A/S had a return on equity of 13.35% and a net margin of 41.90%. The firm had revenue of $2.12 billion for the quarter, compared to analyst estimates of $13.86 billion. On average, equities analysts anticipate that Danske Bank A/S will post 1.84 EPS for the current year.

About Danske Bank A/S

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.