Berenberg Bank Downgrades DEUTSCHE BOERSE/ADR (OTCMKTS:DBOEY) to Sell

Berenberg Bank cut shares of DEUTSCHE BOERSE/ADR (OTCMKTS:DBOEY) from a hold rating to a sell rating in a research note issued to investors on Thursday morning, The Fly reports.

OTCMKTS:DBOEY opened at $15.23 on Thursday. The firm has a market cap of $28.04 billion, a price-to-earnings ratio of 23.91 and a beta of 0.57. The company has a 50 day moving average price of $14.62 and a 200-day moving average price of $13.83. DEUTSCHE BOERSE/ADR has a 1-year low of $11.59 and a 1-year high of $15.43.

About DEUTSCHE BOERSE/ADR

Deutsche Börse Aktiengesellschaft operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through nine segments: Eurex (Financial Derivatives), EEX (Commodities), 360T (Foreign Exchange), Xetra (Cash Equities), Clearstream (Post-Trading), IFS (Investment Fund Services) and GSF (Collateral Management), STOXX (Index Business), and Data.

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