Deutsche Börse (OTCMKTS:DBOEY) Stock Rating Upgraded by Citigroup

Deutsche Börse (OTCMKTS:DBOEY) was upgraded by analysts at Citigroup to a “hold” rating in a research note issued on Friday, Zacks.com reports.

Deutsche Börse Stock Performance

Shares of OTCMKTS DBOEY opened at $22.97 on Friday. Deutsche Börse has a fifty-two week low of $16.13 and a fifty-two week high of $23.57. The company has a 50 day simple moving average of $22.00 and a two-hundred day simple moving average of $20.77. The company has a market capitalization of $43.64 billion, a price-to-earnings ratio of 22.30, a P/E/G ratio of 2.97 and a beta of 0.87.

Deutsche Börse (OTCMKTS:DBOEY) last announced its earnings results on Wednesday, July 24th. The financial services provider reported $0.31 earnings per share for the quarter. Deutsche Börse had a net margin of 27.09% and a return on equity of 19.28%. The business had revenue of $1.88 billion during the quarter. On average, analysts forecast that Deutsche Börse will post 1.11 earnings per share for the current fiscal year.

About Deutsche Börse

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.