Barclays Upgrades Danske Bank A/S (OTCMKTS:DNKEY) to “Strong Sell”

Danske Bank A/S (OTCMKTS:DNKEY) was upgraded by investment analysts at Barclays to a “strong sell” rating in a research report issued to clients and investors on Tuesday, Zacks.com reports.

Separately, The Goldman Sachs Group upgraded Danske Bank A/S to a “hold” rating in a research note on Friday, September 27th.

Danske Bank A/S Stock Down 0.5 %

Danske Bank A/S stock opened at $14.64 on Tuesday. The company has a market capitalization of $25.07 billion, a P/E ratio of 8.04 and a beta of 0.94. Danske Bank A/S has a 1-year low of $10.65 and a 1-year high of $16.23. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 7.32. The firm’s fifty day simple moving average is $15.22 and its 200-day simple moving average is $15.00.

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