Danske Bank (DNKEY) Projected to Post Earnings on Thursday

Danske Bank (OTCMKTS:DNKEY) is anticipated to release its results before the market opens on Thursday, October 30th. Analysts expect Danske Bank to post earnings of $0.50 per share for the quarter.

Danske Bank Stock Performance

OTCMKTS DNKEY opened at $21.72 on Wednesday. The company has a debt-to-equity ratio of 7.82, a current ratio of 1.80 and a quick ratio of 1.80. The firm has a market capitalization of $36.26 billion, a price-to-earnings ratio of 10.70 and a beta of 0.73. The company’s fifty day moving average is $21.08 and its two-hundred day moving average is $20.01. Danske Bank has a 52-week low of $13.50 and a 52-week high of $21.93.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on DNKEY. Zacks Research downgraded Danske Bank from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 19th. Citigroup reiterated a “buy” rating on shares of Danske Bank in a research note on Tuesday, October 14th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Danske Bank in a research note on Tuesday, September 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Danske Bank presently has an average rating of “Buy”.

About Danske Bank

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.