Royal Bank of Canada Analysts Give Deutsche Boerse (ETR:DB1) a €129.00 Price Target

Royal Bank of Canada set a €129.00 ($150.00) price target on Deutsche Boerse (ETR:DB1) in a research report report published on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other brokerages also recently commented on DB1. Oddo Bhf set a €125.00 ($145.35) target price on Deutsche Boerse and gave the company a neutral rating in a research note on Monday, May 27th. HSBC set a €144.00 ($167.44) target price on Deutsche Boerse and gave the company a buy rating in a research note on Thursday, July 11th. Bank of America restated a sell rating on shares of Deutsche Bank in a research note on Monday, July 8th. UBS Group upgraded to a neutral rating and raised their target price for the company from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research note on Thursday, June 20th. Finally, JPMorgan Chase & Co. started coverage on Pinduoduo in a research note on Tuesday, July 9th. They issued an underweight rating and a $20.48 target price for the company. Ten analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Deutsche Boerse has a consensus rating of Hold and a consensus price target of €128.52 ($149.44).

Shares of DB1 opened at €129.40 ($150.47) on Thursday. The company has a debt-to-equity ratio of 43.71, a quick ratio of 0.01 and a current ratio of 1.02. The company has a 50-day moving average price of €126.50. The firm has a market cap of $24.59 billion and a P/E ratio of 28.02. Deutsche Boerse has a one year low of €102.40 ($119.07) and a one year high of €130.70 ($151.98).

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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