Danske Bank (OTCMKTS:DNKEY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Danske Bank (OTCMKTS:DNKEY) have been given an average rating of “Moderate Buy” by the five research firms that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company.

Several analysts recently commented on the stock. Citigroup reaffirmed a “buy” rating on shares of Danske Bank in a report on Friday, February 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Danske Bank in a research report on Monday, November 3rd. Barclays reiterated 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 report on Thursday, February 12th.

Danske Bank Stock Down 0.9%

DNKEY stock opened at $26.38 on Friday. Danske Bank has a 1-year low of $13.99 and a 1-year high of $27.61. The business’s 50 day simple moving average is $25.67 and its 200 day simple moving average is $23.19. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 7.44. The firm has a market capitalization of $44.05 billion, a PE ratio of 12.50 and a beta of 0.62.

Danske Bank (OTCMKTS:DNKEY) last released its quarterly earnings data on Thursday, February 5th. The financial services provider reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.06. Danske Bank had a net margin of 40.52% and a return on equity of 13.25%. The firm had revenue of $2.41 billion during the quarter, compared to analysts’ expectations of $2.31 billion. As a group, research analysts anticipate that Danske Bank will post 1.84 EPS for the current 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.