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

Shares of Danske Bank (OTCMKTS:DNKEYGet Free Report) have received an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company.

A number of equities analysts have recently issued reports on the stock. Citigroup reiterated a “buy” rating on shares of Danske Bank in a research note on Friday, February 20th. Barclays reissued an “overweight” rating on shares of Danske Bank in a research note on Wednesday, December 10th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Danske Bank in a research note on Thursday, February 12th.

Read Our Latest Research Report on Danske Bank

Danske Bank Stock Performance

DNKEY stock opened at $25.02 on Thursday. Danske Bank has a 1-year low of $13.99 and a 1-year high of $27.61. The business has a 50-day moving average price of $25.71 and a 200 day moving average price of $23.59. The company has a market capitalization of $41.78 billion, a P/E ratio of 11.86 and a beta of 0.61. The company has a debt-to-equity ratio of 7.44, a current ratio of 1.81 and a quick ratio of 1.81.

Danske Bank (OTCMKTS:DNKEYGet Free Report) last issued its earnings results on Thursday, February 5th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.06. Danske Bank had a net margin of 40.52% and a return on equity of 13.25%. The company had revenue of $2.41 billion for the quarter, compared to analysts’ expectations of $2.31 billion. As a group, equities research analysts forecast that Danske Bank will post 1.84 EPS 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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