Brokerage firms set Topdanmark A/S (OTCMKTS:TPDKY) PT at $389.33 - News Block

Topdanmark A/S (OTCMKTS:TPDKY – Free Report) has earned a consensus recommendation of “Lower” from the six rating firms that currently cover the company, MarketBeat reports. Three research analysts gave the stock a sell recommendation and three assigned a hold recommendation to the company. The average 1-year price target among analysts who have issued ratings on the stock in the past year is $389.33.

Several research analysts have weighed in on TPDKY’s stock. HSBC downgraded shares of Topdanmark A/S from a “hold” rating to a “lower” rating in a Wednesday April 12 report. Nordea Equity Research downgraded shares of Topdanmark A/S from a “buy” rating to a “hold” rating in a report on Monday.

Topdanmark A/S Stock Performance

OTCMKTS TPDKY opened at $5.04 on Monday. Topdanmark A/S has a 52-week low of $4.54 and a 52-week high of $5.70. The company has a 50-day moving average price of $5.54 and a 200-day moving average price of $5.29.

Topdanmark A/S increases dividend

The company also recently declared a dividend, which was paid on Tuesday, May 16. Investors of record on Friday, April 28 received a dividend of $0.455 per share. This is a positive change from Topdanmark A/S’s previous dividend of $0.33. This represents a dividend yield of 10.41%. The ex-dividend date for this dividend was Thursday, April 27.

About Topdanmark A/S

(Free report

Topdanmark A/S, together with its subsidiaries, offers life and non-life insurance products and services in Denmark. The company operates through the Private and SME segments. Offers sickness and accident, health, work accidents, auto, fire and property, liability, tourist assistance and other insurance products, as well as life insurance and pension fund plans to individual households, agricultural companies and SMEs and private clients under the Topdanmark brands.

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