Danske Bank A/S (OTCMKTS:DNKEY) Price Target Cut to 93.00 by Analysts at Barclays

Danske Bank A/S (OTCMKTS:DNKEYGet Rating) had its price target lowered by Barclays from 95.00 to 93.00 in a report published on Friday, The Fly reports.

Several other equities analysts also recently issued reports on DNKEY. JPMorgan Chase & Co. lowered shares of Danske Bank A/S from a neutral rating to an underweight rating and cut their price target for the stock from $110.00 to $95.00 in a report on Tuesday, June 28th. Deutsche Bank Aktiengesellschaft reduced their target price on Danske Bank A/S from 124.00 to 112.00 and set a hold rating on the stock in a report on Monday, August 1st. Finally, Morgan Stanley upgraded shares of Danske Bank A/S from an equal weight rating to an overweight rating in a report on Friday, June 24th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, Danske Bank A/S presently has a consensus rating of Hold and a consensus target price of $115.00.

Danske Bank A/S Price Performance

Shares of DNKEY opened at $6.56 on Friday. The company has a quick ratio of 1.58, a current ratio of 1.58 and a debt-to-equity ratio of 7.08. The stock has a market cap of $11.31 billion, a PE ratio of 6.51 and a beta of 0.89. Danske Bank A/S has a 12-month low of $6.36 and a 12-month high of $10.30. The business has a 50-day simple moving average of $6.84 and a two-hundred day simple moving average of $7.73.

Danske Bank A/S (OTCMKTS:DNKEYGet Rating) last released its quarterly earnings data on Friday, July 22nd. The financial services provider reported $0.14 earnings per share (EPS) for the quarter. The company had revenue of $1.25 billion during the quarter. Danske Bank A/S had a return on equity of 6.70% and a net margin of 29.32%.

Danske Bank A/S Company Profile

(Get Rating)

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers corporate finance services, investment and debt capital markets products, merger and acquisition advisory services, equity and loan capital markets services, international payments, cash management, credit transfer, and supply chain and trade finance services.

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

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