Cboe Global Markets (BATS:CBOE) Given New $205.00 Price Target at Deutsche Bank Aktiengesellschaft

Cboe Global Markets (BATS:CBOE) had its target price lifted by investment analysts at Deutsche Bank Aktiengesellschaft from $186.00 to $205.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would suggest a potential downside of 0.48% from the company’s current price.

Other research analysts have also issued reports about the company. Oppenheimer boosted their target price on Cboe Global Markets from $199.00 to $209.00 and gave the stock an “outperform” rating in a report on Monday, August 5th. Piper Sandler reissued an “overweight” rating and issued a $210.00 price target (up from $203.00) on shares of Cboe Global Markets in a report on Monday, August 5th. Keefe, Bruyette & Woods boosted their price objective on Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a report on Monday, August 5th. Rosenblatt Securities upped their price target on shares of Cboe Global Markets from $200.00 to $205.00 and gave the company a “buy” rating in a research note on Monday, May 6th. Finally, Barclays lifted their price objective on shares of Cboe Global Markets from $194.00 to $218.00 and gave the stock an “overweight” rating in a research note on Monday, August 5th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $196.42.

Cboe Global Markets Stock Up 1.8 %

Shares of BATS:CBOE traded up $3.71 during midday trading on Thursday, reaching $205.99. The company had a trading volume of 1,014,847 shares, compared to its average volume of 636,231. Cboe Global Markets has a 1-year low of $103.82 and a 1-year high of $139.00. The stock has a market cap of $21.85 billion, a PE ratio of 106.18 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average price is $179.54 and its 200 day moving average price is $181.61.

Cboe Global Markets (BATS:CBOE) last issued its earnings results on Friday, August 2nd. The company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.10 by $0.05. The business had revenue of $513.80 million for the quarter, compared to the consensus estimate of $514.51 million. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the company earned $1.78 earnings per share. Research analysts forecast that Cboe Global Markets will post 6.41 EPS for the current fiscal year.

Insider Activity

In other news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the completion of the transaction, the chief operating officer now owns 51,855 shares of the company’s stock, valued at $9,074,625. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other Cboe Global Markets news, EVP Catherine R. Clay sold 600 shares of the stock in a transaction dated Wednesday, August 7th. The stock was sold at an average price of $203.23, for a total value of $121,938.00. Following the completion of the transaction, the executive vice president now directly owns 4,328 shares in the company, valued at $879,579.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Christopher A. Isaacson sold 6,000 shares of Cboe Global Markets stock in a transaction dated Friday, June 21st. The shares were sold at an average price of $175.00, for a total value of $1,050,000.00. Following the sale, the chief operating officer now directly owns 51,855 shares in the company, valued at $9,074,625. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,565 shares of company stock worth $3,063,663. Insiders own 0.51% of the company’s stock.

Institutional Investors Weigh In On Cboe Global Markets

Several hedge funds have recently added to or reduced their stakes in CBOE. Mackenzie Financial Corp grew its position in shares of Cboe Global Markets by 39.9% in the 2nd quarter. Mackenzie Financial Corp now owns 221,090 shares of the company’s stock valued at $37,599,000 after buying an additional 63,112 shares during the last quarter. MBB Public Markets I LLC bought a new position in Cboe Global Markets during the second quarter worth $1,281,000. Dark Forest Capital Management LP lifted its holdings in Cboe Global Markets by 99.5% in the second quarter. Dark Forest Capital Management LP now owns 2,199 shares of the company’s stock valued at $374,000 after buying an additional 1,097 shares during the period. AXA S.A. boosted its position in Cboe Global Markets by 17.0% during the second quarter. AXA S.A. now owns 23,207 shares of the company’s stock valued at $3,947,000 after acquiring an additional 3,367 shares during the last quarter. Finally, Alpha DNA Investment Management LLC grew its holdings in Cboe Global Markets by 30.0% during the 2nd quarter. Alpha DNA Investment Management LLC now owns 3,495 shares of the company’s stock worth $594,000 after acquiring an additional 806 shares during the period. 81.73% of the stock is currently owned by institutional investors and hedge funds.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.