Danske Bank A/S (OTCMKTS:DNKEY) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

Several equities analysts have recently commented on the company. Morgan Stanley restated an "overweight" rating on shares of Danske Bank A/S in a research report on Friday, March 7th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Danske Bank A/S in a research note on Tuesday, May 13th. Finally, Citigroup reaffirmed a "buy" rating on shares of Danske Bank A/S in a research note on Wednesday, May 21st.

Danske Bank A/S Stock Up 0.3%

DNKEY traded up $0.06 on Friday, hitting $19.36. The company had a trading volume of 57,491 shares, compared to its average volume of 45,284. The company has a debt-to-equity ratio of 7.47, a current ratio of 1.79 and a quick ratio of 1.79. Danske Bank A/S has a 52-week low of $13.50 and a 52-week high of $19.80. The firm has a market capitalization of $32.33 billion, a P/E ratio of 9.68 and a beta of 0.77. The stock has a fifty day simple moving average of $17.28 and a 200-day simple moving average of $16.02.

Danske Bank A/S (OTCMKTS:DNKEY - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The financial services provider reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.01). Danske Bank A/S had a net margin of 41.90% and a return on equity of 13.35%. The firm had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $13.86 billion. As a group, equities analysts expect that Danske Bank A/S will post 1.84 EPS for the current fiscal year.

Danske Bank A/S Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Investors of record on Monday, March 24th were given a dividend of $0.7642 per share. This is a positive change from Danske Bank A/S's previous dividend of $0.46. The ex-dividend date was Monday, March 24th. Danske Bank A/S's dividend payout ratio is currently 74.75%.

Danske Bank A/S Company Profile

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.