Deutsche Boerse AG (OTCMKTS:DBOEY) Receives Consensus Rating of “Hold” from Brokerages

Deutsche Boerse AG (OTCMKTS:DBOEY) has received an average recommendation of “Hold” from the six ratings firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company.

Separately, Royal Bank Of Canada reissued a “sector perform” rating on shares of Deutsche Boerse in a research report on Monday, August 17th.

Deutsche Boerse Stock Up 1.9%

Shares of OTCMKTS:DBOEY opened at $32.34 on Friday. The stock has a market cap of $58.31 billion, a P/E ratio of 23.78, a price-to-earnings-growth ratio of 1.89 and a beta of 0.44. Deutsche Boerse has a 52-week low of $23.25 and a 52-week high of $33.91. The business’s 50 day moving average is $31.04 and its 200 day moving average is $29.55.

Deutsche Boerse (OTCMKTS:DBOEY) last released its quarterly earnings data on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. Deutsche Boerse had a return on equity of 20.33% and a net margin of 33.04%.The firm had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.82 billion. On average, sell-side analysts anticipate that Deutsche Boerse will post 1.45 EPS for the current fiscal year.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing houses, settlement systems and related technology businesses. The company serves institutional investors, banks, corporations and other market participants across the securities, derivatives, foreign exchange, commodities and energy markets.

Its principal businesses include Xetra and the Frankfurt Stock Exchange for cash-equity trading; Eurex for derivatives trading and clearing; and Clearstream for securities settlement, custody and collateral management.