Deutsche Boerse (OTCMKTS:DBOEY) Upgraded at JPMorgan Chase & Co.

JPMorgan Chase & Co. upgraded shares of Deutsche Boerse (OTCMKTS:DBOEY) from a neutral rating to an overweight rating in a research note released on Friday morning.

DBOEY has been the topic of a number of other research reports. Cfra Research upgraded shares of Deutsche Boerse to a “hold” rating in a research note on Tuesday, October 28th. Kepler Capital Markets lowered Deutsche Boerse from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 6th. Two equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

Deutsche Boerse Stock Up 5.1%

Shares of OTCMKTS DBOEY opened at $26.94 on Friday. The stock has a market cap of $50.73 billion, a P/E ratio of 22.45, a P/E/G ratio of 4.16 and a beta of 0.58. The firm’s 50-day simple moving average is $25.62 and its 200 day simple moving average is $28.81. Deutsche Boerse has a fifty-two week low of $22.56 and a fifty-two week high of $33.52.

Deutsche Boerse (OTCMKTS:DBOEY) last announced its earnings results on Monday, October 27th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.04. The firm had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.46 billion. Deutsche Boerse had a net margin of 31.24% and a return on equity of 19.52%. On average, sell-side analysts anticipate that Deutsche Boerse will post 1.12 earnings per share for the current fiscal year.

About Deutsche Boerse

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.