DANSKE Bk A/S/S (DNKEY) Stock Rating Lowered by Zacks Investment Research

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Zacks Investment Research downgraded shares of DANSKE Bk A/S/S (OTCMKTS:DNKEY) from a hold rating to a sell rating in a report issued on Friday morning.

According to Zacks, “Danske Bank A/S engages in the provision of services in the fields of banking, mortgage finance, insurance, pension, real-estate brokerage, asset management and trading in fixed income products, foreign exchange and equities. Its operating segment consists of Personal Banking, Business Banking, Corporates and Institutions, Wealth Management, Northern Ireland, Non-Core and Other Activities. Danske Bank A/S, formerly known as Danske Bank AV, is based in KOEBENHAVN, Denmark. “

Separately, ValuEngine lowered shares of DANSKE Bk A/S/S from a hold rating to a sell rating in a research note on Saturday, June 2nd.

DANSKE Bk A/S/S stock opened at $13.65 on Friday. The company has a debt-to-equity ratio of 8.53, a current ratio of 1.90 and a quick ratio of 1.90. DANSKE Bk A/S/S has a 52-week low of $13.41 and a 52-week high of $20.90. The company has a market cap of $26.58 billion, a price-to-earnings ratio of 8.13 and a beta of 0.19.

DANSKE Bk A/S/S (OTCMKTS:DNKEY) last released its quarterly earnings results on Wednesday, July 18th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.04). DANSKE Bk A/S/S had a return on equity of 11.84% and a net margin of 41.47%. The firm had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.87 billion. analysts forecast that DANSKE Bk A/S/S will post 1.54 earnings per share for the current year.

About DANSKE Bk A/S/S

Danske Bank A/S provides banking products and services to various customers. The company's Personal Banking segment offers advisory, property financing, leasing, insurance, and pension services to personal and private banking customers. Its Business Banking segment provides advisory, financing, investing, cash management, and risk management services to small and medium-sized businesses.

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