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Danske Bank (OTCMKTS:DNKEY) Receives Consensus Recommendation of "Buy" from Analysts

Danske Bank logo with Finance background

Shares of Danske Bank (OTCMKTS:DNKEY - Get Free Report) have earned an average rating of "Buy" from the six research firms that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company.

A number of research analysts have recently weighed in on the company. Citigroup reiterated a "buy" rating on shares of Danske Bank in a report on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Danske Bank in a report on Tuesday, May 13th. Finally, Barclays upgraded shares of Danske Bank from a "strong sell" rating to a "strong-buy" rating in a report on Monday, June 2nd.

Get Our Latest Stock Analysis on Danske Bank

Danske Bank Price Performance

OTCMKTS:DNKEY opened at $20.47 on Friday. 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 business's 50-day moving average price is $19.69 and its 200 day moving average price is $17.29. Danske Bank has a 52-week low of $13.50 and a 52-week high of $21.04. The firm has a market cap of $34.18 billion, a P/E ratio of 10.13 and a beta of 0.77.

Danske Bank (OTCMKTS:DNKEY - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The financial services provider reported $0.49 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.01). The company had revenue of $2.12 billion for the quarter, compared to analyst estimates of $13.86 billion. Danske Bank had a net margin of 42.15% and a return on equity of 13.52%. As a group, sell-side analysts predict that Danske Bank will post 1.84 earnings per share for the current fiscal year.

Danske Bank Company Profile

(Get Free Report

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.

Further Reading

Analyst Recommendations for Danske Bank (OTCMKTS:DNKEY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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