Danske Bank A/S (OTCMKTS:DNKEY) Price Target Lowered to 112.00 at Deutsche Bank Aktiengesellschaft

Danske Bank A/S (OTCMKTS:DNKEYGet Rating) had its price target lowered by Deutsche Bank Aktiengesellschaft from 124.00 to 112.00 in a research note issued to investors on Monday, The Fly reports. Deutsche Bank Aktiengesellschaft currently has a hold rating on the financial services provider’s stock.

Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. lowered shares of Danske Bank A/S from a neutral rating to an underweight rating and cut their price target for the stock from $110.00 to $95.00 in a report on Tuesday, June 28th. Morgan Stanley raised shares of Danske Bank A/S from an equal weight rating to an overweight rating in a report on Friday, June 24th. Finally, Barclays cut their price target on shares of Danske Bank A/S from 96.00 to 95.00 in a report on Tuesday, July 5th. Three analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. According to MarketBeat.com, Danske Bank A/S presently has a consensus rating of Hold and a consensus price target of $115.33.

Danske Bank A/S Price Performance

DNKEY stock opened at $6.87 on Monday. The company has a debt-to-equity ratio of 7.23, a quick ratio of 1.66 and a current ratio of 1.66. Danske Bank A/S has a 52 week low of $6.36 and a 52 week high of $10.30. The firm’s fifty day moving average is $7.35 and its 200 day moving average is $8.17. The firm has a market cap of $11.85 billion, a P/E ratio of 6.87 and a beta of 0.89.

Danske Bank A/S (OTCMKTS:DNKEYGet Rating) last announced its quarterly earnings results on Friday, April 29th. The financial services provider reported $0.24 earnings per share (EPS) for the quarter. The business had revenue of $1.56 billion for the quarter. Danske Bank A/S had a net margin of 29.32% and a return on equity of 6.51%.

Danske Bank A/S Company Profile

(Get Rating)

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers corporate finance services, investment and debt capital markets products, merger and acquisition advisory services, equity and loan capital markets services, international payments, cash management, credit transfer, and supply chain and trade finance services.

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