Shares of Deutsche Boerse AG (OTCMKTS:DBOEY – Get Free Report) reached a new 52-week high on Thursday. The company traded as high as $36.61 and last traded at $36.53, with a volume of 3,847 shares trading hands. The stock had previously closed at $35.09.
Analysts Set New Price Targets
Several equities research analysts have commented on DBOEY shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Deutsche Boerse in a report on Monday, August 17th. Oddo Bhf lowered Deutsche Boerse from an “outperform” rating to a “neutral” rating in a research report on Monday, October 26th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
View Our Latest Research Report on DBOEY
Deutsche Boerse Stock Performance
The stock’s 50-day moving average price is $33.41 and its 200-day moving average price is $29.88. The company has a market capitalization of $63.35 billion, a price-to-earnings ratio of 25.04, a P/E/G ratio of 2.16 and a beta of 0.42.
Deutsche Boerse (OTCMKTS:DBOEY – Get Free Report) last released its quarterly earnings results on Tuesday, October 20th. The financial services provider reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.03. Deutsche Boerse had a return on equity of 21.00% and a net margin of 34.07%. The business had revenue of $1.84 billion for the quarter, compared to analysts’ expectations of $1.79 billion. Analysts anticipate that Deutsche Boerse AG will post 1.42 earnings per share for the current year.
About Deutsche Boerse
Deutsche Börse AG operates financial-market infrastructure, connecting companies, investors and other market participants. Its businesses span trading, clearing, settlement, custody and related data and technology services.
Its platforms include the Frankfurt Stock Exchange and Xetra for securities trading, and Eurex for derivatives trading and clearing. Through Clearstream, the group provides post-trade services such as securities settlement and custody, as well as services for investment funds.
Headquartered in Eschborn, Germany, Deutsche Börse serves clients in Europe and other international markets.
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