Danske Bank (DNKEY) to Release Quarterly Earnings on Friday

Danske Bank (OTCMKTS:DNKEY) will likely be announcing its results before the market opens on Friday, February 6th. Analysts expect the company to announce earnings of $0.54 per share for the quarter.

Danske Bank Price Performance

Shares of OTCMKTS:DNKEY opened at $26.22 on Wednesday. The firm has a market cap of $43.79 billion, a price-to-earnings ratio of 12.98 and a beta of 0.62. Danske Bank has a 1 year low of $13.99 and a 1 year high of $26.40. The company has a current ratio of 1.76, a quick ratio of 1.76 and a debt-to-equity ratio of 7.16. The business has a fifty day simple moving average of $24.63 and a 200 day simple moving average of $22.46.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DNKEY. Citigroup reaffirmed a “buy” rating on shares of Danske Bank in a research note on Thursday, January 22nd. Morgan Stanley restated an “overweight” rating on shares of Danske Bank in a report on Friday, January 9th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Danske Bank in a research report on Monday, November 3rd. Finally, Barclays reissued an “overweight” rating on shares of Danske Bank in a research report on Wednesday, December 10th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

About Danske Bank

Danske Bank A/S is a major Danish banking group headquartered in Copenhagen. The firm traces its origins to the 19th century and has grown through mergers and organic expansion into one of the region’s largest financial institutions. Its shares are primarily listed on Nasdaq Copenhagen, and American investors may encounter the bank’s ADR trading on the U.S. over-the-counter market under the symbol DNKEY.

The bank provides a broad range of financial products and services across retail, commercial and institutional segments.