Deutsche Boerse AG (OTCMKTS:DBOEY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Deutsche Boerse AG (OTCMKTS:DBOEY) have earned an average recommendation of “Hold” from the six research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company.

Separately, Royal Bank Of Canada restated a “sector perform” rating on shares of Deutsche Boerse in a report on Monday, August 17th.

Deutsche Boerse Price Performance

Deutsche Boerse stock opened at $32.02 on Friday. The firm has a market capitalization of $57.73 billion, a price-to-earnings ratio of 23.54, a PEG ratio of 1.89 and a beta of 0.44. The company’s 50 day simple moving average is $31.35 and its 200 day simple moving average is $29.75. Deutsche Boerse has a fifty-two week low of $23.25 and a fifty-two week high of $33.91.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Deutsche Boerse had a net margin of 33.04% and a return on equity of 20.33%. The company had revenue of $1.88 billion for the quarter, compared to analysts’ expectations of $1.82 billion. As a group, analysts predict that Deutsche Boerse will post 1.45 EPS for the current fiscal year.

Deutsche Boerse Company Profile

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates trading venues, clearing houses, settlement systems and related technology businesses. The company serves institutional investors, banks, corporations and other market participants across the securities, derivatives, foreign exchange, commodities and energy markets.

Its principal businesses include Xetra and the Frankfurt Stock Exchange for cash-equity trading; Eurex for derivatives trading and clearing; and Clearstream for securities settlement, custody and collateral management.