Danske Bank (DNKEY) Projected to Post Quarterly Earnings on Friday

Danske Bank (OTCMKTS:DNKEY) is expected to announce its results before the market opens on Friday, February 6th. Analysts expect the company to announce earnings of $0.54 per share for the quarter.

Danske Bank Stock Down 0.2%

OTCMKTS:DNKEY opened at $26.18 on Thursday. The company has a debt-to-equity ratio of 7.16, a current ratio of 1.76 and a quick ratio of 1.76. The firm’s 50-day moving average price is $24.69 and its 200-day moving average price is $22.49. The company has a market capitalization of $43.72 billion, a PE ratio of 12.96 and a beta of 0.62. Danske Bank has a 1-year low of $13.99 and a 1-year high of $26.49.

Analyst Ratings Changes

DNKEY has been the subject of a number of research reports. 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. Morgan Stanley restated an “overweight” rating on shares of Danske Bank in a research report on Friday, January 9th. Finally, Citigroup reaffirmed a “buy” rating on shares of Danske Bank in a report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Danske Bank has a consensus rating of “Moderate Buy”.

About Danske Bank

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.