Danske Bank A/S (OTCMKTS:DNKEY) Rating Increased to Strong-Buy at UBS Group

Danske Bank A/S (OTCMKTS:DNKEY) was upgraded by UBS Group to a “strong-buy” rating in a research note issued on Monday, Zacks.com reports.

Several other analysts have also commented on DNKEY. The Goldman Sachs Group raised shares of Danske Bank A/S to a “hold” rating in a research report on Friday, September 27th. Barclays raised shares of Danske Bank A/S to a “strong sell” rating in a report on Tuesday, October 1st.

Danske Bank A/S Stock Performance

Shares of Danske Bank A/S stock opened at $14.57 on Monday. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 7.32. Danske Bank A/S has a twelve month low of $10.65 and a twelve month high of $16.23. The company’s fifty day moving average is $15.14 and its 200 day moving average is $14.98. The stock has a market cap of $24.95 billion, a price-to-earnings ratio of 8.01 and a beta of 0.93.

Danske Bank A/S (OTCMKTS:DNKEY) last announced its quarterly earnings data on Friday, July 19th. The financial services provider reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.03. Danske Bank A/S had a net margin of 41.10% and a return on equity of 13.02%. The firm had revenue of $2.03 billion for the quarter, compared to analyst estimates of $1.98 billion. Sell-side analysts forecast that Danske Bank A/S will post 1.9 EPS for the current year.

Danske Bank A/S Company Profile

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.