Danske Bank A/S (OTCMKTS:DNKEY) Rating Increased to Hold at The Goldman Sachs Group

Danske Bank A/S (OTCMKTS:DNKEY) was upgraded by analysts at The Goldman Sachs Group to a “hold” rating in a research note issued on Friday, Zacks.com reports.

Danske Bank A/S Price Performance

DNKEY opened at $15.02 on Friday. Danske Bank A/S has a 52-week low of $10.65 and a 52-week high of $16.23. The company has a debt-to-equity ratio of 7.32, a quick ratio of 1.72 and a current ratio of 1.72. The company’s 50-day simple moving average is $15.28 and its two-hundred day simple moving average is $15.00. The stock has a market capitalization of $25.72 billion, a P/E ratio of 8.25 and a beta of 0.94.

Danske Bank A/S (OTCMKTS:DNKEY) last issued its earnings results on Friday, July 19th. The financial services provider reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.03. Danske Bank A/S had a net margin of 41.10% and a return on equity of 13.02%. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $1.98 billion. As a group, analysts predict that Danske Bank A/S will post 1.9 EPS for the current year.

About Danske Bank A/S

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.