FRANKFURT (dpa-AFX) - The rally in Deutsche Börse shares gained further momentum on Friday, bolstered by bullish analyst commentary. Following a "Buy" recommendation from Bank of America, shares of the exchange operator climbed as high as 266.60 euros, marking their highest level in nine months. The stock had not traded at these levels since mid-July.
The shares were last seen trading up 2.5 percent on Friday. Since the start of the rally in early February, the stock has surged by a third. With a year-to-date gain of nearly 20 percent, it currently stands as one of the top performers in the DAX index for 2026.
Bank of America expert Hubert Lam underpinned his "Buy" rating by citing the company's robust market positioning. With a price target of 300 euros, he anticipates the stock will reach new record highs, surpassing the previous peak of 294.30 euros set in May 2025.
Lam argued that the company is optimally positioned to benefit from rising trading volumes and higher net interest income (NII). He noted that the strong volume growth observed in equity, bond, and commodity trading during the first quarter could persist due to the energy crisis. Furthermore, the acquisition of Allfunds is expected to drive stronger revenue growth, provided it receives regulatory approval./tih/niw/nas
