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

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

Several research firms have issued reports on DNKEY. Morgan Stanley restated an “overweight” rating on shares of Danske Bank in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Danske Bank in a research report on Monday, November 3rd. Citigroup restated a “buy” rating on shares of Danske Bank in a research report on Thursday, January 22nd. Finally, Barclays reissued an “overweight” rating on shares of Danske Bank in a report on Wednesday, December 10th.

Danske Bank Stock Performance

Danske Bank stock opened at $25.51 on Wednesday. The company has a market capitalization of $42.60 billion, a price-to-earnings ratio of 12.63 and a beta of 0.61. The stock has a fifty day moving average of $24.48 and a two-hundred day moving average of $22.34. Danske Bank has a fifty-two week low of $13.99 and a fifty-two week high of $26.40. The company has a debt-to-equity ratio of 7.16, a quick ratio of 1.76 and a current ratio of 1.76.

Danske Bank (OTCMKTS:DNKEY) last released its earnings results 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 firm had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.15 billion. Danske Bank had a return on equity of 13.01% and a net margin of 40.42%. On average, 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.