Danske Bank A/S (OTCMKTS:DNKEY) Rating Increased to Neutral at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Danske Bank A/S (OTCMKTS:DNKEY) to a neutral rating in a research note issued to investors on Monday, The Fly reports.

DNKEY has been the topic of several other reports. Deutsche Bank Aktiengesellschaft reaffirmed a hold rating on shares of Danske Bank A/S in a research note on Tuesday, February 9th. Nordea Equity Research lowered Danske Bank A/S from a buy rating to a hold rating in a research note on Thursday, May 27th. Morgan Stanley raised Danske Bank A/S from an underweight rating to an equal weight rating in a research note on Thursday, April 22nd. Credit Suisse Group reaffirmed an underperform rating on shares of Danske Bank A/S in a research note on Monday, February 8th. Finally, UBS Group reaffirmed a buy rating on shares of Danske Bank A/S in a research note on Monday, April 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold.

DNKEY opened at $9.42 on Monday. The firm has a market cap of $16.24 billion, a price-to-earnings ratio of 12.08 and a beta of 1.07. Danske Bank A/S has a 52-week low of $6.21 and a 52-week high of $10.02. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 8.11. The stock’s fifty day moving average is $9.62.

Danske Bank A/S (OTCMKTS:DNKEY) last released its earnings results on Wednesday, April 28th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.02. Danske Bank A/S had a return on equity of 5.74% and a net margin of 19.64%.

Danske Bank A/S Company Profile

Danske Bank A/S provides various banking products and services to small and medium-sized businesses, corporate, institutional, and personal customers. The company offers daily banking, home financing, investment, and retirement planning solutions; strategic advisory services; leasing solutions; and financing, financial market, general banking, and corporate finance advisory services, as well as financial solutions and products in the areas of capital markets, fixed income and currencies, and transaction banking and investor services.

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

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