Deutsche Bank set a €127.00 ($147.67) target price on Deutsche Boerse (ETR:DB1) in a research report sent to investors on Friday, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other research firms also recently weighed in on DB1. HSBC set a €138.00 ($160.47) target price on Deutsche Boerse and gave the stock a buy rating in a research report on Friday. DZ Bank restated a neutral rating on shares of Deutsche Boerse in a research report on Wednesday. JPMorgan Chase & Co. set a €118.00 ($137.21) target price on Deutsche Boerse and gave the stock a neutral rating in a research report on Thursday. Royal Bank of Canada set a €129.00 ($150.00) target price on Deutsche Boerse and gave the stock a neutral rating in a research report on Thursday. Finally, Nord/LB set a €110.25 ($128.20) price objective on Deutsche Boerse and gave the company a neutral rating in a research report on Thursday, May 2nd. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Deutsche Boerse presently has a consensus rating of Hold and a consensus target price of €123.85 ($144.02).
DB1 opened at €125.50 ($145.93) on Friday. The company has a market capitalization of $23.01 billion and a price-to-earnings ratio of 27.18. The company has a debt-to-equity ratio of 43.71, a current ratio of 1.02 and a quick ratio of 0.14. Deutsche Boerse has a 1-year low of €102.40 ($119.07) and a 1-year high of €122.60 ($142.56).
About Deutsche Boerse
Deutsche Börse Aktiengesellschaft operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Eurex, Xetra, Clearstream, and Market Data + Services. The Eurex segment engages in the electronic trading of European derivatives, commodities, and foreign exchange.
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