Brokers Issue Forecasts for Deutsche Börse AG’s FY2022 Earnings (OTCMKTS:DBOEY)

Deutsche Börse AG (OTCMKTS:DBOEY – Get Rating) – Analysts at Jefferies Financial Group decreased their FY2022 EPS estimates for shares of Deutsche Börse in a report issued on Monday, April 25th. Jefferies Financial Group analyst M. Price now anticipates that the financial services provider will post earnings of $0.87 per share for the year, down from their previous forecast of $0.88. Jefferies Financial Group also issued estimates for Deutsche Börse’s FY2023 earnings at $0.95 EPS and FY2024 earnings at $1.03 EPS.

Deutsche Börse (OTCMKTS:DBOEY – Get Rating) last announced its quarterly earnings data on Wednesday, February 9th. The financial services provider reported $0.19 EPS for the quarter, topping the Zacks’ 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%.

A number of other equities analysts have also recently weighed in on the stock. Exane BNP Paribas raised shares of Deutsche Börse from a “neutral” rating to an “outperform” rating and set a €180.00 ($193.55) price target on the stock in a research note on Tuesday, March 15th. Zacks Investment Research cut shares of Deutsche Börse from a “hold” rating to a “sell” rating in a research note on Thursday, April 14th. Citigroup cut shares of Deutsche Börse from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 26th. Morgan Stanley increased their price objective on shares of Deutsche Börse to €191.00 ($205.38) in a research note on Wednesday, April 20th. Finally, Credit Suisse Group started coverage on shares of Deutsche Börse in a research note on Thursday, April 7th. They issued a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Deutsche Börse presently has a consensus rating of “Hold” and an average price target of $153.86.

Shares of Deutsche Börse stock opened at $17.18 on Thursday. Deutsche Börse has a one year low of $14.77 and a one year high of $18.44. The company has a market cap of $32.64 billion, a P/E ratio of 22.31, a PEG ratio of 1.85 and a beta of 0.79. The firm has a fifty day moving average of $17.36 and a two-hundred day moving average of $17.02.

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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