Deutsche Boerse (DB1) Sets New 52-Week High at $124.55

Deutsche Boerse AG (ETR:DB1) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as €124.55 ($144.83) and last traded at €124.25 ($144.48), with a volume of 40190 shares trading hands. The stock had previously closed at €124.10 ($144.30).

DB1 has been the topic of a number of recent research reports. JPMorgan Chase & Co. set a €130.00 ($151.16) price objective on Deutsche Boerse and gave the company a “neutral” rating in a research note on Wednesday. UBS Group set a €135.00 ($156.98) price objective on Deutsche Boerse and gave the company a “buy” rating in a research note on Monday, March 25th. Nord/LB set a €108.56 ($126.23) price objective on Deutsche Boerse and gave the company a “neutral” rating in a research note on Thursday, April 11th. Deutsche Bank set a €126.00 ($146.51) price objective on Deutsche Boerse and gave the company a “buy” rating in a research note on Tuesday, April 30th. Finally, Berenberg Bank set a €120.00 ($139.53) price objective on Deutsche Boerse and gave the company a “neutral” rating in a research note on Tuesday, April 30th. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Deutsche Boerse currently has a consensus rating of “Hold” and an average price target of €124.87 ($145.19).

The company has a current ratio of 1.02, a quick ratio of 0.14 and a debt-to-equity ratio of 43.71. The firm has a market capitalization of $22.98 billion and a P/E ratio of 27.14.

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Deutsche Boerse Company Profile (ETR:DB1)

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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