Deutsche Boerse AG (OTCMKTS:DBOEY) Stock Rated “Hold” by Wall Street Brokerages

Deutsche Boerse AG (OTCMKTS:DBOEY) has been assigned an average rating of “Hold” from the six research firms that are currently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company.

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

Deutsche Boerse Stock Up 0.1%

Shares of Deutsche Boerse stock opened at $33.20 on Tuesday. Deutsche Boerse has a 12 month low of $23.25 and a 12 month high of $33.91. The stock has a market cap of $59.86 billion, a PE ratio of 24.41, a price-to-earnings-growth ratio of 2.04 and a beta of 0.43. The business has a fifty day simple moving average of $32.35 and a 200-day simple moving average of $30.28.

Deutsche Boerse (OTCMKTS:DBOEY) last posted its quarterly earnings results on Wednesday, July 22nd. The financial services provider reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. The firm had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.82 billion. Deutsche Boerse had a return on equity of 20.33% and a net margin of 33.04%. Analysts expect that Deutsche Boerse will post 1.42 EPS for the current fiscal year.

About Deutsche Boerse

Deutsche Börse AG is a Germany-based financial market infrastructure provider that operates organized markets and related services for securities, derivatives, commodities and other financial instruments. Through its trading platforms, the company supports the issuance, trading and management of financial products for institutional investors, banks, companies and other market participants.

Its businesses include cash and derivatives trading, clearing, settlement and custody, as well as collateral management, securities financing, market data, analytics and index services.