Deutsche Börse AG (OTCMKTS:DBOEY – Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $18.25 and traded as low as $18.15. Deutsche Börse shares last traded at $18.17, with a volume of 46,297 shares traded.
Analyst Ratings Changes
A number of analysts recently weighed in on DBOEY shares. Morgan Stanley boosted their target price on Deutsche Börse to €204.10 ($221.85) in a research report on Thursday, April 20th. Credit Suisse Group raised Deutsche Börse from a “neutral” rating to an “outperform” rating in a research note on Thursday, March 16th. Finally, The Goldman Sachs Group initiated coverage on Deutsche Börse in a research note on Tuesday, May 9th. They issued a “neutral” rating on the stock. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, Deutsche Börse has an average rating of “Moderate Buy” and a consensus target price of $195.02.
Deutsche Börse Price Performance
The stock has a 50 day simple moving average of $18.25 and a 200 day simple moving average of $18.25.
Deutsche Börse Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, June 5th. Stockholders of record on Thursday, May 18th were paid a dividend of $0.2568 per share. The ex-dividend date was Wednesday, May 17th. This is a boost from Deutsche Börse’s previous dividend of $0.23. This represents a dividend yield of 1.34%. Deutsche Börse’s payout ratio is 28.41%.
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.
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