Danske Bank (OTCMKTS:DNKEY) Given Consensus Recommendation of "Buy" by Analysts

Shares of Danske Bank (OTCMKTS:DNKEY - Get Free Report) have been given a consensus recommendation of "Buy" by the six brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation, three have given a buy recommendation and two have given a strong buy recommendation to the company.

Several research analysts recently issued reports on the stock. Citigroup reiterated a "buy" rating on shares of Danske Bank in a research note on Wednesday, May 21st. Barclays upgraded shares of Danske Bank from a "strong sell" rating to a "strong-buy" rating in a report on Monday, June 2nd. Morgan Stanley reiterated an "overweight" rating on shares of Danske Bank in a report on Friday, March 7th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Danske Bank in a research note on Tuesday, May 13th.

Danske Bank Stock Up 0.9%

Shares of OTCMKTS:DNKEY traded up $0.17 during trading on Tuesday, hitting $19.85. The stock had a trading volume of 9,929 shares, compared to its average volume of 42,195. The company has a market capitalization of $33.15 billion, a PE ratio of 9.83 and a beta of 0.77. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 8.08. The firm's fifty day moving average is $18.56 and its 200 day moving average is $16.66. Danske Bank has a 12 month low of $13.50 and a 12 month high of $20.49.

Danske Bank (OTCMKTS:DNKEY - Get Free Report) last issued its quarterly earnings results on Friday, May 2nd. The financial services provider reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.01). The firm had revenue of $2.12 billion during the quarter, compared to analysts' expectations of $13.86 billion. Danske Bank had a return on equity of 13.52% and a net margin of 42.15%. Analysts anticipate that Danske Bank will post 1.84 EPS for the current fiscal year.

About Danske Bank

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.