Deutsche Boerse (OTCMKTS:DBOEY) Shares Gap Up – What’s Next?

Deutsche Boerse AG (OTCMKTS:DBOEYGet Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $24.74, but opened at $26.05. Deutsche Boerse shares last traded at $25.90, with a volume of 30,514 shares changing hands.

Analysts Set New Price Targets

Several brokerages recently weighed in on DBOEY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Deutsche Boerse in a research report on Wednesday, January 21st. Cfra raised shares of Deutsche Boerse to a “hold” rating in a report on Tuesday, October 28th. JPMorgan Chase & Co. raised shares of Deutsche Boerse from a “neutral” rating to an “overweight” rating in a report on Friday, November 28th. Finally, Kepler Capital Markets cut shares of Deutsche Boerse from a “hold” rating to a “strong sell” rating in a research report on Thursday, November 6th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Deutsche Boerse has a consensus rating of “Hold”.

Read Our Latest Research Report on DBOEY

Deutsche Boerse Price Performance

The company has a market capitalization of $47.60 billion, a P/E ratio of 21.23, a PEG ratio of 3.48 and a beta of 0.52. The company has a fifty day moving average price of $25.34 and a two-hundred day moving average price of $26.46.

Deutsche Boerse (OTCMKTS:DBOEYGet Free Report) last issued its earnings results on Wednesday, February 11th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. Deutsche Boerse had a return on equity of 19.23% and a net margin of 32.32%.The company had revenue of $1.83 billion for the quarter, compared to the consensus estimate of $1.58 billion. As a group, sell-side analysts forecast that Deutsche Boerse AG will post 1.12 earnings per share for the current year.

Deutsche Boerse Company Profile

(Get Free Report)

Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.

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