Deutsche Boerse: Credit Suisse upgrades stock
(CercleFinance.com) - Credit Suisse has upgraded its rating on the Deutsche Boerse share from "neutral" to "outperform,"increasing its corresponding target price from 145 euros to 160 euros.
Following the publication of Deutsche Boerse's annual results on 10 February, analysts are raising their EPS estimates for 2021-2022 by 13%-15%.
In particular, the broker highlights the share's upside potential of 17% and underlines "the outlook for double digit earnings growth to 2023E".
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
Following the publication of Deutsche Boerse's annual results on 10 February, analysts are raising their EPS estimates for 2021-2022 by 13%-15%.
In particular, the broker highlights the share's upside potential of 17% and underlines "the outlook for double digit earnings growth to 2023E".
Copyright (c) 2021 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.