Deutsche Börse (OTCMKTS:DBOEY) Price Target Raised to €191.00

Deutsche Börse (OTCMKTS:DBOEY – Get Rating) had its price target hoisted by equities researchers at Morgan Stanley to €191.00 ($205.38) in a report released on Wednesday, The Fly reports.

Several other equities research analysts also recently weighed in on DBOEY. UBS Group raised their price target on shares of Deutsche Börse from €175.00 ($188.17) to €180.00 ($193.55) in a research report on Tuesday, February 22nd. Exane BNP Paribas upgraded shares of Deutsche Börse from a “neutral” rating to an “outperform” rating and set a €180.00 ($193.55) target price on the stock in a report on Tuesday, March 15th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Deutsche Börse from €184.00 ($197.85) to €185.00 ($198.92) and gave the stock a “buy” rating in a report on Tuesday, April 12th. Royal Bank of Canada raised their target price on shares of Deutsche Börse from €150.00 ($161.29) to €156.00 ($167.74) and gave the stock a “sector perform” rating in a report on Monday, February 28th. Finally, Credit Suisse Group initiated coverage on shares of Deutsche Börse in a report on Thursday, April 7th. They issued a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $153.86.

Shares of DBOEY traded down $0.31 on Wednesday, hitting $17.69. 210,450 shares of the stock traded hands, compared to its average volume of 206,613. The company has a market capitalization of $33.61 billion, a PE ratio of 22.97, a P/E/G ratio of 1.92 and a beta of 0.79. The business has a 50 day simple moving average of $17.39 and a 200 day simple moving average of $16.98. Deutsche Börse has a one year low of $14.77 and a one year high of $18.44.

Deutsche Börse (OTCMKTS:DBOEY – Get Rating) last announced its quarterly earnings results on Wednesday, February 9th. The financial services provider reported $0.19 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.01. The company had revenue of $1.35 billion during the quarter. Deutsche Börse had a net margin of 27.59% and a return on equity of 18.26%. On average, equities research analysts forecast that Deutsche Börse will post 0.82 earnings per share for the current year.

About Deutsche Börse (Get Rating)

Deutsche Börse AG operates as an exchange organization in Europe, the United States, and the Asia-Pacific. The company operates through seven segments: Eurex (Financial Derivatives), EEX (Commodities), 360T (Foreign Exchange), Xetra (Cash Equities), Clearstream (Post-Trading), IFS (Investment Fund Services), and Qontigo (index and analytics business).

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