Danske Bank (OTCMKTS:DNKEY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $20.69 and last traded at $20.69, with a volume of 3953 shares. The stock had previously closed at $20.26.
Wall Street Analyst Weigh In
Several research analysts recently commented on DNKEY shares. Citigroup reaffirmed a "buy" rating on shares of Danske Bank in a research note on Wednesday, May 21st. Barclays raised Danske Bank from a "strong sell" rating to a "strong-buy" rating in a research report on Monday, June 2nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Danske Bank in a research note on Tuesday, May 13th. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Danske Bank in a report on Friday, March 7th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Buy".
View Our Latest Report on Danske Bank
Danske Bank Stock Performance
The firm's 50 day simple moving average is $18.94 and its 200-day simple moving average is $16.84. The company has a market cap of $34.35 billion, a price-to-earnings ratio of 10.18 and a beta of 0.77. The company has a debt-to-equity ratio of 8.08, a quick ratio of 1.79 and a current ratio of 1.79.
Danske Bank (OTCMKTS:DNKEY - Get Free Report) last announced its quarterly earnings results on Friday, May 2nd. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.01). Danske Bank had a return on equity of 13.52% and a net margin of 42.15%. The firm had revenue of $2.12 billion for the quarter, compared to analyst estimates of $13.86 billion. On average, sell-side analysts predict that Danske Bank will post 1.84 EPS for the current year.
Danske Bank Company Profile
(
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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.
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