Jefferies Financial Group Has Lowered Expectations for Cboe Global Markets (NASDAQ:CBOE) Stock Price

Cboe Global Markets (NASDAQ:CBOE) had its target price dropped by equities researchers at Jefferies Financial Group from $212.00 to $190.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “hold” rating on the stock. Jefferies Financial Group’s price target points to a potential downside of 0.64% from the stock’s previous close.

Other analysts have also issued research reports about the stock. Keefe, Bruyette & Woods increased their price objective on shares of Cboe Global Markets from $217.00 to $220.00 and gave the stock a “market perform” rating in a research note on Friday, December 20th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $174.00 price objective (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a research note on Monday, January 6th. StockNews.com upgraded shares of Cboe Global Markets from a “sell” rating to a “hold” rating in a research report on Friday, December 27th. Finally, Barclays lowered shares of Cboe Global Markets from an “overweight” rating to an “equal weight” rating and dropped their price target for the company from $230.00 to $220.00 in a research report on Monday, December 9th. Three analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $197.60.

Cboe Global Markets Price Performance

NASDAQ:CBOE opened at $191.23 on Thursday. The firm has a market capitalization of $20.02 billion, a price-to-earnings ratio of 26.05, a P/E/G ratio of 1.71 and a beta of 0.68. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $221.66. The business has a fifty day simple moving average of $202.04. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39.

Hedge Funds Weigh In On Cboe Global Markets

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. TD Private Client Wealth LLC lifted its holdings in Cboe Global Markets by 149.0% during the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after purchasing an additional 222 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new position in Cboe Global Markets during the third quarter valued at $158,000. Coastwise Capital Group LLC purchased a new position in Cboe Global Markets during the third quarter valued at $216,000. Rehmann Capital Advisory Group lifted its holdings in Cboe Global Markets by 5.3% during the third quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock valued at $257,000 after purchasing an additional 63 shares in the last quarter. Finally, Coldstream Capital Management Inc. lifted its holdings in Cboe Global Markets by 5.3% during the third quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock valued at $269,000 after purchasing an additional 66 shares in the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

About Cboe Global Markets

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.