Danske Bank A/S (OTCMKTS:DNKEY) Given Average Rating of “Hold” by Analysts

Danske Bank A/S (OTCMKTS:DNKEYGet Rating) has been given an average rating of “Hold” by the eight analysts that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $115.00.

A number of brokerages have recently issued reports on DNKEY. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Danske Bank A/S from 124.00 to 112.00 and set a “hold” rating for the company in a research report on Monday, August 1st. Morgan Stanley raised shares of Danske Bank A/S from an “equal weight” rating to an “overweight” rating in a research report on Friday, June 24th. JPMorgan Chase & Co. downgraded shares of Danske Bank A/S from a “neutral” rating to an “underweight” rating and dropped their target price for the stock from $110.00 to $95.00 in a report on Tuesday, June 28th. Finally, Barclays dropped their target price on shares of Danske Bank A/S from 95.00 to 93.00 in a report on Friday, September 2nd.

Danske Bank A/S Trading Down 2.9 %

Shares of DNKEY stock opened at $6.96 on Monday. The firm’s 50 day moving average is $6.76 and its 200 day moving average is $7.52. The stock has a market capitalization of $12.00 billion, a P/E ratio of 6.96 and a beta of 0.89. Danske Bank A/S has a 12-month low of $6.36 and a 12-month high of $10.30. The company has a current ratio of 1.58, a quick ratio of 1.58 and a debt-to-equity ratio of 7.08.

Danske Bank A/S (OTCMKTS:DNKEYGet Rating) last issued its quarterly earnings data on Friday, July 22nd. The financial services provider reported $0.14 earnings per share (EPS) for the quarter. Danske Bank A/S had a net margin of 29.32% and a return on equity of 6.70%. The firm had revenue of $1.25 billion during the quarter.

About Danske Bank A/S

(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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Analyst Recommendations for Danske Bank A/S (OTCMKTS:DNKEY)

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