Keefe, Bruyette & Woods Lowers Cboe Global Markets (NASDAQ:CBOE) Price Target to $215.00

Cboe Global Markets (NASDAQ:CBOE) had its target price reduced by equities researchers at Keefe, Bruyette & Woods from $220.00 to $215.00 in a research note issued on Monday,Benzinga reports. The brokerage currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price suggests a potential upside of 11.67% from the company’s current price.

Other equities analysts also recently issued reports about the stock. Oppenheimer lowered their price target on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research report on Monday. William Blair began coverage on Cboe Global Markets in a report on Thursday. They set a “market perform” rating on the stock. Jefferies Financial Group cut their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday. The Goldman Sachs Group downgraded Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a research report on Monday, January 6th. Finally, StockNews.com cut Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and an average price target of $198.83.

Cboe Global Markets Trading Up 0.8 %

CBOE stock traded up $1.60 during midday trading on Monday, reaching $192.54. The stock had a trading volume of 182,993 shares, compared to its average volume of 623,699. Cboe Global Markets has a 52-week low of $166.13 and a 52-week high of $221.66. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a fifty day moving average price of $201.78. The stock has a market cap of $20.16 billion, a P/E ratio of 26.23, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68.

Hedge Funds Weigh In On Cboe Global Markets

Several large investors have recently modified their holdings of CBOE. Janus Henderson Group PLC raised its holdings in Cboe Global Markets by 0.3% in the 3rd quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock valued at $313,090,000 after buying an additional 5,216 shares during the period. Nordea Investment Management AB increased its position in shares of Cboe Global Markets by 16.7% during the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock valued at $126,262,000 after acquiring an additional 92,537 shares during the last quarter. Barclays PLC raised its stake in shares of Cboe Global Markets by 27.9% in the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after acquiring an additional 116,852 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Cboe Global Markets by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after acquiring an additional 24,177 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of Cboe Global Markets by 2.0% during the 3rd quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock worth $32,197,000 after purchasing an additional 3,155 shares during the period. Institutional investors and hedge funds own 82.67% of the company’s stock.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc is one of the largest stock exchange operators by volume in the United States and a leading market globally for ETP trading. Cboe offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, U.S. and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the VIX Index.