Deutsche Boerse AG (DB1) Given Average Rating of “Hold” by Analysts
Shares of Deutsche Boerse AG (ETR:DB1) have received an average recommendation of “Hold” from the thirteen brokerages that are currently covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is €121.60 ($141.39).
Several research firms recently weighed in on DB1. UBS Group set a €135.00 ($156.98) price target on Deutsche Boerse and gave the company a “buy” rating in a research report on Tuesday, September 25th. Deutsche Bank set a €126.00 ($146.51) target price on Deutsche Boerse and gave the stock a “buy” rating in a report on Tuesday, August 21st. Cfra set a €120.00 ($139.53) target price on Deutsche Boerse and gave the stock a “neutral” rating in a report on Tuesday, October 30th. Commerzbank set a €125.00 ($145.35) target price on Deutsche Boerse and gave the stock a “buy” rating in a report on Thursday, November 15th. Finally, JPMorgan Chase & Co. set a €122.00 ($141.86) target price on Deutsche Boerse and gave the stock a “neutral” rating in a report on Thursday, October 11th.
ETR DB1 opened at €111.40 ($129.53) on Friday. Deutsche Boerse has a twelve month low of €77.25 ($89.83) and a twelve month high of €111.20 ($129.30).
Deutsche Börse Aktiengesellschaft operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Eurex, Xetra, Clearstream, and Market Data + Services. The Eurex segment engages in the electronic trading of European derivatives, commodities, and foreign exchange.
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