FRANKFURT--The following is a summary of analysts' forecasts for Deutsche Boerse AG (DB1.XE) first-quarter results, based on a poll of six analysts conducted by Dow Jones Newswires (figures in million euros, dividend and target price in euro, according to IFRS). Earnings figures are scheduled to be released April 29.

=== 
                                Net interest 
                          Sales       income      Net 
1st Quarter             revenue      Banking  revenue 
AVERAGE                     667          7.0      579 
Prev. Year                  590          8.4      514 
+/- in %                    +13          -17      +13 
 
MEDIAN                      669          7.0      585 
Maximum                     672          7.0      585 
Minimum                     661          7.0      565 
Amount                        3            4        5 
 
Independent Research         --           --      585 
Kepler Cheuvreux             --          7.0      585 
Morgan Stanley              661          7.0      565 
RBC Capital Markets         672          7.0      585 
Warburg Research            669          7.0      574 
 
 
                      Operating           Net attrib. 
1st Quarter               costs    EBIT        income 
AVERAGE                     283     300           208 
Prev. Year                  248     330           219 
+/- in %                    +14    -8.9          -5.1 
 
MEDIAN                      286     301           209 
Maximum                     290     305           210 
Minimum                     272     296           204 
Amount                        4       5             4 
 
Deutsche Bank               290     301            -- 
Independent Research         --     298            -- 
Kepler Cheuvreux            289     302           208 
Morgan Stanley              272     296           204 
RBC Capital Markets         282     305           210 
Warburg Research             --      --           209 
 
 
                Target price  Rating                DPS 2015 
AVERAGE                71.40  positive 0    AVERAGE     2.16 
Prev. Quarter          63.44  neutral  3    Prev. Year  2.10 
+/- in %                 +13  negative 1    +/- in %    +2.9 
 
MEDIAN                 70.00                MEDIAN      2.10 
Maximum                83.00                Maximum     2.30 
Minimum                60.00                Minimum     2.10 
Amount                     5                Amount         5 
 
Deutsche Bank          66.00  Hold                      2.10 
Independent Research   70.00  Sell                      2.10 
Kepler Cheuvreux       60.00  Redcue                    2.10 
Morgan Stanley            --  Equalweight                 -- 
RBC Capital Markets    78.00  --                        2.30 
Warburg Research       83.00  Hold                      2.20 
=== 

Year-earlier figures are as reported by the company.

DJG/voi 

Subscribe to WSJ: http://online.wsj.com?mod=djnwires