Danske Bank (DNKEY) Expected to Post Earnings on Friday

Danske Bank (OTCMKTS:DNKEY) is projected to release its results before the market opens on Friday, October 30th. Analysts expect the company to post earnings of $0.55 per share and revenue of $2.19 billion for the quarter.

Danske Bank Price Performance

Shares of DNKEY stock opened at $26.13 on Wednesday. Danske Bank has a 12-month low of $21.68 and a 12-month high of $29.65. The firm has a 50-day moving average price of $28.05 and a 200 day moving average price of $26.72.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Citigroup reaffirmed a “buy” rating on shares of Danske Bank in a report on Monday, October 12th. Zacks Research downgraded Danske Bank from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 25th. Morgan Stanley restated an “overweight” rating on shares of Danske Bank in a research report on Tuesday, September 1st. Barclays lowered Danske Bank from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Danske Bank in a research note on Monday, July 20th. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Danske Bank Company Profile

Danske Bank A/S is a Danish financial services group headquartered in Copenhagen. Founded in 1871, it is one of the largest banks in Denmark and provides banking and financial solutions to individuals, businesses, institutional clients and public-sector organizations.

The company’s services include personal and business banking, lending, deposits, payment services, credit cards, investment products, pension solutions and wealth management. Through its subsidiaries and related businesses, Danske Bank also provides mortgage financing, asset management, corporate finance, capital markets services and other investment banking products.

Danske Bank primarily serves customers across the Nordic region, with Denmark as its main market and operations and business activities in countries including Sweden, Norway and Finland.