Shares of Danske Bank (OTCMKTS:DNKEY - Get Free Report) dropped 0.1% during mid-day trading on Tuesday . The company traded as low as $20.44 and last traded at $20.50. Approximately 13,420 shares were traded during mid-day trading, a decline of 18% from the average daily volume of 16,462 shares. The stock had previously closed at $20.53.
Analysts Set New Price Targets
DNKEY has been the subject of a number of recent analyst reports. Citigroup reaffirmed a "buy" rating on shares of Danske Bank in a research report on Wednesday, May 21st. Barclays raised shares of Danske Bank from a "strong sell" rating to a "strong-buy" rating in a research report on Monday, June 2nd. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Danske Bank in a research report on Tuesday, May 13th. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Danske Bank currently has an average rating of "Buy".
Read Our Latest Stock Report on DNKEY
Danske Bank Stock Up 1.8%
The company has a market capitalization of $34.87 billion, a PE ratio of 10.34 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. The stock's 50 day moving average is $19.52 and its 200 day moving average is $17.18.
Danske Bank (OTCMKTS:DNKEY - Get Free Report) last announced its quarterly earnings results 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 business had revenue of $2.12 billion for the quarter, compared to analysts' expectations of $13.86 billion. Danske Bank had a net margin of 42.15% and a return on equity of 13.52%. On average, sell-side analysts anticipate that Danske Bank will post 1.84 EPS 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.
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