JPMorgan Chase & Co. Raises Danske Bank A/S (OTCMKTS:DNKEY) Price Target to 105.00

Danske Bank A/S (OTCMKTS:DNKEYGet Rating) had its price objective lifted by JPMorgan Chase & Co. from 100.00 to 105.00 in a research note issued to investors on Wednesday, The Fly reports.

A number of other analysts have also commented on the company. Nordea Equity Research raised Danske Bank A/S to a hold rating in a research report on Tuesday, March 15th. Societe Generale boosted their target price on Danske Bank A/S from 114.00 to 120.00 and gave the company a hold rating in a research report on Monday, February 7th. UBS Group boosted their target price on Danske Bank A/S from 157.00 to 160.00 in a research report on Monday, February 7th. Credit Suisse Group boosted their target price on Danske Bank A/S from 105.00 to 110.00 and gave the company an underperform rating in a research report on Friday, February 4th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on Danske Bank A/S from 135.00 to 126.00 and set a hold rating for the company in a research note on Wednesday, April 6th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of Hold and a consensus target price of $120.50.

Shares of Danske Bank A/S stock opened at $7.41 on Wednesday. Danske Bank A/S has a one year low of $7.08 and a one year high of $10.30. The firm has a market capitalization of $12.78 billion, a price-to-earnings ratio of 6.68 and a beta of 0.92. The business has a 50-day simple moving average of $8.20 and a 200 day simple moving average of $8.70. The company has a debt-to-equity ratio of 7.58, a current ratio of 1.75 and a quick ratio of 1.75.

The business also recently declared a dividend, which was paid on Tuesday, March 29th. Shareholders of record on Monday, March 21st were paid a dividend of $0.0996 per share. The ex-dividend date was Friday, March 18th. This represents a yield of 1.19%. Danske Bank A/S’s dividend payout ratio (DPR) is currently 9.01%.

About Danske Bank A/S (Get Rating)

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers corporate finance services, investment and debt capital markets products, merger and acquisition advisory services, equity and loan capital markets services, international payments, cash management, credit transfer, and supply chain and trade finance services.

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