Deutsche Boerse (ETR:DB1) received a €122.00 ($141.86) price objective from investment analysts at Independent Research in a note issued to investors on Tuesday. The firm presently has a “neutral” rating on the stock. Independent Research’s price target would indicate a potential upside of 11.93% from the company’s previous close.
DB1 has been the topic of several other research reports. Commerzbank set a €125.00 ($145.35) target price on shares of Deutsche Boerse and gave the stock a “buy” rating in a report on Tuesday, October 23rd. Deutsche Bank set a €126.00 ($146.51) target price on shares of Deutsche Boerse and gave the stock a “buy” rating in a report on Tuesday. JPMorgan Chase & Co. set a €122.00 ($141.86) target price on shares of Deutsche Boerse and gave the stock a “neutral” rating in a report on Monday. HSBC set a €135.00 ($156.98) target price on shares of Deutsche Boerse and gave the stock a “buy” rating in a report on Friday, October 12th. Finally, Berenberg Bank set a €112.00 ($130.23) target price on shares of Deutsche Boerse and gave the stock a “sell” rating in a report on Thursday, September 20th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and six have issued a buy rating to the company’s stock. Deutsche Boerse currently has a consensus rating of “Hold” and an average target price of €122.09 ($141.97).
Shares of ETR:DB1 traded down €0.40 ($0.47) during trading on Tuesday, reaching €109.00 ($126.74). 452,647 shares of the stock traded hands, compared to its average volume of 642,992. Deutsche Boerse has a 52-week low of €77.25 ($89.83) and a 52-week high of €111.20 ($129.30).
Deutsche Börse Aktiengesellschaft operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Eurex, Xetra, Clearstream, and Market Data + Services. The Eurex segment engages in the electronic trading of European derivatives, commodities, and foreign exchange.
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