Danske Bank A/S (OTCMKTS:DNKEY) Upgraded at Barclays

Barclays upgraded shares of Danske Bank A/S (OTCMKTS:DNKEY) to a strong sell rating in a research report sent to investors on Tuesday morning, 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 Performance

Shares of DNKEY opened at $14.20 on Tuesday. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 7.32. The stock has a market cap of $24.32 billion, a P/E ratio of 7.80 and a beta of 0.94. The business’s 50 day moving average price is $15.16 and its 200-day moving average price is $14.99. Danske Bank A/S has a 52 week low of $10.65 and a 52 week high of $16.23.

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

Danske Bank A/S Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 1st. Shareholders of record on Monday, July 29th were given a dividend of $0.391 per share. This is a boost from Danske Bank A/S’s previous dividend of $0.39. The ex-dividend date of this dividend was Monday, July 29th. This represents a yield of 2.42%. Danske Bank A/S’s payout ratio is 42.31%.

Danske Bank A/S Company Profile

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.