Danske Bank (OTCMKTS:DNKEY - Get Free Report)'s share price traded down 0.1% on Tuesday . The company traded as low as $20.44 and last traded at $20.50. 13,420 shares changed hands during trading, a decline of 18% from the average session volume of 16,462 shares. The stock had previously closed at $20.53.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on the stock. Barclays raised shares of Danske Bank from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, June 2nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Danske Bank in a research note on Tuesday, May 13th. Finally, Citigroup reissued a "buy" rating on shares of Danske Bank in a research note on Wednesday, May 21st. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy".
Check Out Our Latest Report on DNKEY
Danske Bank Stock Down 0.1%
The stock's 50 day simple moving average is $19.58 and its two-hundred day simple moving average is $17.20. The firm has a market cap of $34.84 billion, a P/E ratio of 10.33 and a beta of 0.77. The company has a debt-to-equity ratio of 8.08, a current ratio of 1.79 and a quick ratio of 1.79.
Danske Bank (OTCMKTS:DNKEY - Get Free Report) last posted 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). Danske Bank had a net margin of 42.15% and a return on equity of 13.52%. The firm had revenue of $2.12 billion for the quarter, compared to analysts' expectations of $13.86 billion. As a group, research analysts forecast that Danske Bank will post 1.84 earnings per share for the current 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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