Deutsche Boerse (OTCMKTS:DBOEY) Sets New 1-Year High – Time to Buy?

Deutsche Boerse AG (OTCMKTS:DBOEY) shares hit a new 52-week high on Monday . The stock traded as high as $33.34 and last traded at $33.32, with a volume of 16577 shares trading hands. The stock had previously closed at $33.01.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Oddo Bhf raised shares of Deutsche Boerse to an “outperform” rating in a report on Tuesday, April 28th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Deutsche Boerse in a report on Monday, August 17th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold”.

Deutsche Boerse Stock Performance

The stock has a market capitalization of $60.31 billion, a price-to-earnings ratio of 24.60, a price-to-earnings-growth ratio of 1.99 and a beta of 0.43. The business has a fifty day simple moving average of $29.60 and a 200 day simple moving average of $28.78.

Deutsche Boerse (OTCMKTS:DBOEY) last posted its 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. The company had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.82 billion. Deutsche Boerse had a return on equity of 20.33% and a net margin of 33.04%. On average, sell-side analysts forecast that Deutsche Boerse AG will post 1.43 earnings per share for the current fiscal year.

About Deutsche Boerse

Deutsche Börse AG is a Germany‑based provider of marketplace infrastructure, trading technology and post‑trade services to the global financial industry. The company operates electronic trading platforms and derivatives markets, offers clearing and settlement services, and supplies market data, analytics and index products to investment banks, brokers, asset managers and listed companies.

Key businesses within the group include electronic equity trading via the Xetra trading system, derivatives trading through the Eurex exchange, and post‑trade and custody services provided by Clearstream.