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

Danske Bank (OTCMKTS:DNKEY) has earned an average recommendation of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

A number of analysts have commented on the stock. Citigroup reiterated a “buy” rating on shares of Danske Bank in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Danske Bank in a research note on Monday, November 3rd. Morgan Stanley reissued an “overweight” rating on shares of Danske Bank in a research report on Friday, January 9th. Finally, Barclays restated an “overweight” rating on shares of Danske Bank in a research note on Wednesday, December 10th.

Danske Bank Stock Up 3.0%

OTCMKTS:DNKEY opened at $26.35 on Wednesday. Danske Bank has a twelve month low of $13.99 and a twelve month high of $26.40. The firm has a market capitalization of $44.00 billion, a price-to-earnings ratio of 13.04 and a beta of 0.61. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 7.16. The stock’s 50 day moving average price is $24.27 and its two-hundred day moving average price is $22.26.

Danske Bank (OTCMKTS:DNKEY) last released its quarterly earnings data on Friday, October 31st. The financial services provider reported $0.52 EPS for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $2.15 billion during the quarter, compared to the consensus estimate of $2.15 billion. Danske Bank had a return on equity of 13.01% and a net margin of 40.42%. Equities research analysts expect that Danske Bank will post 1.84 earnings per share 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.