Danske Bank A/S (OTCMKTS: DNKEY) Receives Consensus “Hold” Rating from Brokerages

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Shares of Danske Bank A/S (OTCMKTS:DNKEY) have earned an average rating of “Hold” from the eight rating agencies that currently cover the company, MarketBeat reports. Two analysts rated the stock with a sell recommendation, four gave the company a hold recommendation and one gave the company a buy recommendation. The 12-month average price target among analysts who have rated the stock over the past year is $115.00.

A number of stock analysts have commented on DNKEY shares. JPMorgan Chase & Co. lowered its price target on Danske Bank A/S from 120.00 to 115.00 and set a “neutral” rating on the stock in a Friday, November 5 research note. Barclays raised its price target on Danske Bank A/S from 96.00 to 100.00 in a research note on Friday. Credit Suisse Group raised its price target on Danske Bank A/S from 105.00 to 110.00 and gave the stock an “underperform” rating in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft lowered its price target on Danske Bank A/S from 139.00 to 135.00 and set a “hold” rating on the stock in a Monday, November 1 research note.

OTCMKTS: DNKEY was down $0.06 during Friday’s midday session, hitting $9.56. The stock had a trading volume of 29,968 shares, compared to an average volume of 30,294. The company has a 50-day moving average price of $9.02 and a two-hundred-day moving average price of 8.78 $. The stock has a market capitalization of $16.48 billion, a P/E ratio of 8.31 and a beta of 0.90. Danske Bank A/S has a one-year minimum of $7.95 and a one-year maximum of $10.04. The company has a debt ratio of 7.76, a quick ratio of 1.78 and a current ratio of 1.78.

Danske Bank A/S Company Profile

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This technology gives doctors the ability to make massive breakthroughs in the human body… And investors the chance to seize huge opportunities…

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

Further reading

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

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