DANSKE BK A/S/S (DNKEY) Downgraded by Zacks Investment Research
Zacks Investment Research lowered shares of DANSKE BK A/S/S (OTCMKTS:DNKEY) from a hold rating to a sell rating in a report published on Friday morning.
According to Zacks, “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. Its operating segment consists of Personal Banking, Business Banking, Corporates and Institutions, Wealth Management, Northern Ireland, Non-Core and Other Activities. Danske Bank A/S, formerly known as Danske Bank AV, is based in KOEBENHAVN, Denmark. “
Separately, ValuEngine raised shares of DANSKE BK A/S/S from a strong sell rating to a sell rating in a report on Thursday, November 15th.
DANSKE BK A/S/S (OTCMKTS:DNKEY) last announced its quarterly earnings results on Thursday, November 1st. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.16). DANSKE BK A/S/S had a return on equity of 10.31% and a net margin of 36.49%. The firm had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.81 billion. On average, sell-side analysts predict that DANSKE BK A/S/S will post 1.4 earnings per share for the current year.
DANSKE BK A/S/S Company Profile
Danske Bank A/S provides banking products and services to various customers. The company's Personal Banking segment offers advisory, property financing, leasing, insurance, and pension services to personal and private banking customers. Its Business Banking segment provides advisory, financing, investing, cash management, and risk management services to small and medium-sized businesses.
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