Danske Bank (OTCMKTS:DNKEY) Given Average Rating of “Moderate Buy” by Analysts

Danske Bank (OTCMKTS:DNKEY) has received a consensus rating of “Moderate Buy” from the five analysts that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company.

Several equities analysts have recently weighed in on DNKEY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Danske Bank in a report on Monday, November 3rd. Citigroup reissued a “buy” rating on shares of Danske Bank in a report on Friday. Barclays reiterated an “overweight” rating on shares of Danske Bank in a report on Wednesday, December 10th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Danske Bank in a research report on Thursday, February 12th.

Danske Bank Price Performance

Shares of OTCMKTS:DNKEY opened at $27.32 on Friday. The company has a market capitalization of $45.62 billion, a PE ratio of 12.95 and a beta of 0.62. The stock has a fifty day moving average of $25.47 and a 200-day moving average of $23.04. The company has a debt-to-equity ratio of 7.44, a quick ratio of 1.76 and a current ratio of 1.81. Danske Bank has a one year low of $13.99 and a one year high of $27.61.

Danske Bank (OTCMKTS:DNKEY) last issued its quarterly earnings results on Thursday, February 5th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.06. The firm had revenue of $2.41 billion for the quarter, compared to analyst estimates of $2.31 billion. Danske Bank had a return on equity of 13.25% and a net margin of 40.52%. As a group, equities analysts anticipate that Danske Bank will post 1.84 EPS for the current fiscal year.

Danske Bank Company Profile

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.