Deutsche Boerse (DB1) Given a €136.00 Price Target at HSBC
Deutsche Boerse (ETR:DB1) received a €136.00 ($158.14) price objective from stock analysts at HSBC in a research note issued on Thursday, Borsen Zeitung reports. The brokerage presently has a “buy” rating on the stock. HSBC’s target price indicates a potential upside of 18.16% from the company’s previous close.
DB1 has been the subject of several other research reports. UBS Group set a €135.00 ($156.98) price target on shares of Deutsche Boerse and gave the company a “buy” rating in a research report on Monday, January 14th. JPMorgan Chase & Co. set a €122.00 ($141.86) price target on shares of Deutsche Boerse and gave the company a “neutral” rating in a research report on Wednesday, February 13th. Berenberg Bank set a €120.00 ($139.53) price objective on shares of Deutsche Boerse and gave the company a “neutral” rating in a report on Friday, December 14th. Nord/LB set a €108.56 ($126.23) price objective on shares of Deutsche Boerse and gave the company a “neutral” rating in a report on Monday, February 18th. Finally, DZ Bank restated a “buy” rating on shares of Deutsche Boerse in a report on Thursday, February 14th. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of €122.50 ($142.45).
DB1 stock traded down €0.15 ($0.17) during midday trading on Thursday, hitting €115.10 ($133.84). The company’s stock had a trading volume of 180,407 shares, compared to its average volume of 642,992. The company has a quick ratio of 0.09, a current ratio of 1.02 and a debt-to-equity ratio of 54.10. Deutsche Boerse has a 52-week low of €102.40 ($119.07) and a 52-week high of €121.15 ($140.87). The stock has a market capitalization of $21.13 billion and a PE ratio of 25.82.
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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