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

Shares of Danske Bank (OTCMKTS:DNKEY) have earned a consensus rating of “Moderate Buy” from the six research firms that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company.

A number of equities analysts have commented on DNKEY shares. Jefferies Financial Group restated a “hold” rating on shares of Danske Bank in a research note on Wednesday, April 8th. Barclays reissued an “overweight” rating on shares of Danske Bank in a report on Thursday, April 9th. Morgan Stanley reaffirmed an “overweight” rating on shares of Danske Bank in a research note on Wednesday. Finally, Citigroup reaffirmed a “buy” rating on shares of Danske Bank in a research report on Wednesday, May 6th.

Danske Bank Stock Performance

OTCMKTS DNKEY opened at $26.39 on Friday. The firm has a 50-day moving average price of $25.92 and a two-hundred day moving average price of $25.50. Danske Bank has a 12-month low of $19.68 and a 12-month high of $27.61. The company has a market capitalization of $43.06 billion, a P/E ratio of 12.16 and a beta of 0.60. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 7.44.

Danske Bank (OTCMKTS:DNKEY) last announced its earnings results on Thursday, April 30th. The financial services provider reported $0.55 EPS for the quarter, topping the consensus estimate of $0.54 by $0.01. The company had revenue of $2.19 billion for the quarter, compared to analysts’ expectations of $2.21 billion. Danske Bank had a net margin of 40.38% and a return on equity of 13.14%. Analysts anticipate that Danske Bank will post 2.26 earnings per share 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.