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

Danske Bank (OTCMKTS:DNKEY) has been given an average recommendation of “Moderate Buy” by the five brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

A number of brokerages recently weighed in on DNKEY. Citigroup reaffirmed a “buy” rating on shares of Danske Bank in a research report on Friday, February 20th. Morgan Stanley reissued an “overweight” rating on shares of Danske Bank in a research report on Thursday, February 12th. Finally, Barclays reaffirmed an “overweight” rating on shares of Danske Bank in a research report on Wednesday, December 10th.

Danske Bank Trading Up 1.9%

Shares of DNKEY stock opened at $25.03 on Thursday. 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 has a fifty-two week low of $13.99 and a fifty-two week high of $27.61. The firm’s 50 day moving average price is $25.71 and its two-hundred day moving average price is $23.74. The stock has a market cap of $41.79 billion, a price-to-earnings ratio of 11.86 and a beta of 0.61.

Danske Bank (OTCMKTS:DNKEY) last released its quarterly earnings data on Thursday, February 5th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.06. Danske Bank had a net margin of 40.52% and a return on equity of 13.25%. The company had revenue of $2.41 billion during the quarter, compared to analyst estimates of $2.31 billion. On average, 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.