Danske Bank A/S (OTCMKTS:DNKEY) Receives $115.33 Consensus Price Target from Analysts

Danske Bank A/S (OTCMKTS:DNKEY) has received an average recommendation of “Hold” from the eight brokerages that are currently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $115.33.

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft dropped their target price on Danske Bank A/S from 139.00 to 135.00 and set a “hold” rating on the stock in a report on Monday, November 1st. Barclays raised Danske Bank A/S to an “underweight” rating and boosted their target price for the company from 95.00 to 96.00 in a report on Wednesday, November 3rd. Finally, JPMorgan Chase & Co. decreased their price target on Danske Bank A/S from 120.00 to 115.00 and set a “neutral” rating on the stock in a research note on Friday, November 5th.

DNKEY opened at $10.02 on Wednesday. The firm has a market cap of $17.28 billion, a price-to-earnings ratio of 10.43 and a beta of 1.01. The company has a quick ratio of 1.78, a current ratio of 1.78 and a debt-to-equity ratio of 7.76. The business’s 50 day moving average is $8.69 and its two-hundred day moving average is $8.69. Danske Bank A/S has a 52 week low of $7.95 and a 52 week high of $10.04.

Danske Bank A/S (OTCMKTS:DNKEY) last released its earnings results on Friday, October 29th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.03. The business had revenue of $1.62 billion for the quarter. Danske Bank A/S had a return on equity of 6.02% and a net margin of 24.14%.

Danske Bank A/S Company Profile

Danske Bank A/S engages in the provision of services in the fields of banking, mortgage finance, insurance, pension, real-estate brokerage, asset management and trading in fixed income products, foreign exchange, and equities. It operates through the following segments: Banking DK, Banking Nordic, Corporates & Institutions, Wealth Management, Northern Ireland, Non-Core, and Other Activities.

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

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