Danske Bank (OTCMKTS:DNKEY) Given Average Recommendation of “Moderate Buy” by Analysts

Danske Bank (OTCMKTS:DNKEY) has been assigned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company.

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

Danske Bank Stock Performance

Shares of OTCMKTS DNKEY opened at $26.22 on Wednesday. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 7.16. Danske Bank has a 12 month low of $13.99 and a 12 month high of $26.40. The stock has a 50 day moving average of $24.63 and a 200-day moving average of $22.46. The company has a market capitalization of $43.79 billion, a P/E ratio of 12.98 and a beta of 0.62.

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.