Morgan Stanley analyst Gulnara Saitkulova has maintained their bullish stance on 0NVC stock, giving a Buy rating on July 4.
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Gulnara Saitkulova’s rating is based on a combination of factors that highlight Danske Bank’s financial performance and future prospects. The bank’s net income for the second quarter of 2025 surpassed expectations, despite some areas like fee income falling short. Notably, trading and insurance segments performed significantly better than anticipated, contributing to an overall positive financial outcome. Additionally, the bank’s costs were slightly lower than expected, which helped to improve its profit before provisions.
Danske Bank’s capital position also exceeded consensus estimates, and the bank has maintained its guidance for net profit in 2025, aligning closely with market expectations. The stock is currently trading at a reasonable valuation, with a price-to-tangible book value of 1.2x and a price-to-earnings ratio of 9.7x for 2025, which is attractive given the projected return on tangible equity of 13.4% by 2027. These factors collectively underpin Saitkulova’s Buy rating, suggesting confidence in the bank’s ability to deliver value to shareholders in the coming years.
According to TipRanks, Saitkulova is a 2-star analyst with an average return of 2.7% and a 44.12% success rate. Saitkulova covers the Financial sector, focusing on stocks such as Danske Bank, DNB ASA, and Nordea Bank Abp.
In another report released on July 4, Citi also maintained a Buy rating on the stock with a DKK295.00 price target.