Zacks Investment Research lowered shares of Danske Bank As (NASDAQ:DNKEY) from a hold rating to a sell rating in a research note released on Tuesday.

According to Zacks, “Danske Bank A/S offers banking products and services. Its segment includes Personal Banking, Business Banking, Corporates & Institutions, Danske Capital, Danica Pension, Non-core and Other Activities. The Bank offers banking, mortgage finance, insurance, pension, real-estate brokerage, asset management and trading in fixed income products, foreign exchange and equities. It operates primarily in Denmark, Finland, Ireland, Norway, the United Kingdom, Sweden, Baltics, Germany and Poland. Danske Bank A/S is headquartered in Copenhagen, Denmark. “

Shares of Danske Bank As (NASDAQ:DNKEY) opened at 14.70 on Tuesday. The company has a 50 day moving average price of $15.03 and a 200 day moving average price of $14.20. Danske Bank As has a 52 week low of $12.04 and a 52 week high of $15.62. The company has a market capitalization of $28921.16 billion and a PE ratio of 14.33.

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About Danske Bank As

Danske Bank A/S is a Denmark-based bank engaged in providing payment services, trading in securities and other instruments, depositing of surplus liquidity, and provision of short- and long-term financing. The Bank’s segments include Personal Banking, Business Banking, Corporates & Institutions (C&I), Danske Capital, Danica Pension, Non-core and Other Activities.

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