Royal Bank of Canada Analysts Give Deutsche Boerse (ETR:DB1) a €129.00 Price Target
Deutsche Boerse (ETR:DB1) has been assigned a €129.00 ($150.00) target price by stock analysts at Royal Bank of Canada in a report issued on Thursday, Borsen Zeitung reports. The brokerage presently has a “neutral” rating on the stock. Royal Bank of Canada’s target price would indicate a potential upside of 0.47% from the stock’s previous close.
A number of other equities research analysts have also recently commented on DB1. JPMorgan Chase & Co. began coverage on Pinduoduo in a report on Tuesday, July 9th. They set an “underweight” rating and a $20.48 price target on the stock. DZ Bank reissued a “neutral” rating on shares of Deutsche Boerse in a report on Wednesday, May 22nd. Warburg Research set a €145.00 ($168.60) price target on Nemetschek and gave the company a “neutral” rating in a report on Tuesday, April 30th. Oddo Bhf set a €125.00 ($145.35) price target on Deutsche Boerse and gave the company a “neutral” rating in a report on Monday, May 27th. Finally, Bank of America reissued a “sell” rating on shares of Deutsche Bank in a report on Monday, July 8th. Ten research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of €128.52 ($149.44).
ETR:DB1 traded up €1.35 ($1.57) on Thursday, reaching €128.40 ($149.30). 507,669 shares of the company’s stock traded hands, compared to its average volume of 642,992. 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’s 50-day moving average is €126.33. The stock has a market capitalization of $24.26 billion and a price-to-earnings ratio of 27.80. Deutsche Boerse has a 12 month low of €102.40 ($119.07) and a 12 month 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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