Bank of America Reiterates €134.00 Price Target for Deutsche Boerse (ETR:DB1)
A number of other brokerages also recently issued reports on DB1. DZ Bank reaffirmed a neutral rating on shares of Deutsche Boerse in a report on Wednesday, May 22nd. UBS Group raised shares of to a neutral rating and raised their price objective for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a report on Thursday, June 20th. Nord/LB set a €58.00 ($67.44) price objective on shares of Fresenius SE & Co KGaA and gave the stock a buy rating in a report on Thursday, May 2nd. Berenberg Bank reissued a hold rating and issued a GBX 1,581 ($20.66) price objective on shares of in a report on Tuesday, June 11th. Finally, Oddo Bhf set a €125.00 ($145.35) price objective on shares of Deutsche Boerse and gave the stock a neutral rating in a report on Monday, May 27th. Ten equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of €128.45 ($149.36).
Shares of ETR DB1 opened at €127.60 ($148.37) on Monday. The company’s 50-day moving average is €126.05. 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 stock has a market cap of $24.39 billion and a P/E ratio of 27.63. Deutsche Boerse has a 52-week low of €102.40 ($119.07) and a 52-week high of €130.70 ($151.98).
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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