Brokerages Set Deutsche Börse AG (OTCMKTS:DBOEY) PT at $164.00

Deutsche Börse AG (OTCMKTS:DBOEY) has been assigned an average recommendation of “Hold” from the eleven brokerages that are currently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $164.00.

Several analysts have issued reports on DBOEY shares. Credit Suisse Group reaffirmed an “outperform” rating on shares of Deutsche Börse in a research note on Friday, July 30th. Kepler Capital Markets upgraded Deutsche Börse from a “hold” rating to a “buy” rating and boosted their price objective for the company from €138.00 ($162.35) to €164.00 ($192.94) in a research report on Thursday, August 12th. Morgan Stanley reiterated an “equal weight” rating on shares of Deutsche Börse in a research report on Tuesday, July 20th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Deutsche Börse in a research report on Tuesday, August 3rd.

Shares of DBOEY opened at $16.45 on Wednesday. The firm has a market cap of $31.26 billion, a P/E ratio of 25.31 and a beta of 0.82. The stock has a 50 day simple moving average of $17.08 and a two-hundred day simple moving average of $16.94. Deutsche Börse has a 1 year low of $14.41 and a 1 year high of $17.83.

About Deutsche Börse

Deutsche Börse AG engages in the provision of information technology services and market data distribution. It operates through the following segments: Eurex, EEX, Xetra, 360T, Clearstream, IFS, GSF, Qontigo and Data. The Eurex segment includes electronic trading of Europian derivatives, commodities, and foreign exchange.

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Analyst Recommendations for Deutsche Börse (OTCMKTS:DBOEY)

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