JPMorgan Chase & Co. Reiterates €122.00 Price Target for Deutsche Boerse (DB1)
Deutsche Boerse (ETR:DB1) has been given a €122.00 ($141.86) price objective by equities research analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s price objective would indicate a potential upside of 11.01% from the stock’s previous close.
Several other equities research analysts have also commented on the company. Deutsche Bank set a €126.00 ($146.51) price objective on Deutsche Boerse and gave the stock a “buy” rating in a research note on Wednesday. Credit Suisse Group set a €120.00 ($139.53) price objective on Deutsche Boerse and gave the stock a “neutral” rating in a research note on Thursday, September 27th. UBS Group set a €135.00 ($156.98) price objective on Deutsche Boerse and gave the stock a “buy” rating in a research note on Tuesday, September 25th. Finally, Berenberg Bank set a €112.00 ($130.23) price objective on Deutsche Boerse and gave the stock a “sell” rating in a research note on Thursday, September 20th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. Deutsche Boerse has an average rating of “Hold” and a consensus price target of €118.27 ($137.53).
ETR:DB1 opened at €109.90 ($127.79) on Thursday. Deutsche Boerse has a 12 month low of €77.25 ($89.83) and a 12 month 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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