Cboe Global Markets (NASDAQ:CBOE) Price Target Raised to $216.00 at Barclays

Cboe Global Markets (NASDAQ:CBOE) had its price target raised by Barclays from $212.00 to $216.00 in a research report report published on Monday,Benzinga reports. The firm currently has an equal weight rating on the stock.

Several other research firms have also recently issued reports on CBOE. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research note on Monday, January 6th. 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 report on Tuesday, January 7th. StockNews.com cut Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. Keefe, Bruyette & Woods dropped their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday, January 13th. Finally, Oppenheimer reduced their price objective 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, January 13th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $206.86.

Cboe Global Markets Stock Performance

Shares of CBOE stock opened at $209.71 on Monday. The company has a market capitalization of $21.95 billion, a P/E ratio of 28.57, a P/E/G ratio of 2.14 and a beta of 0.68. Cboe Global Markets has a fifty-two week low of $166.13 and a fifty-two week high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The company has a 50 day moving average of $199.48.

Cboe Global Markets (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing analysts’ consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter in the prior year, the business earned $2.06 EPS. As a group, equities analysts predict that Cboe Global Markets will post 8.64 earnings per share for the current year.

Hedge Funds Weigh In On Cboe Global Markets

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its holdings in shares of Cboe Global Markets by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock valued at $96,613,000 after acquiring an additional 24,177 shares in the last quarter. Oak Harvest Investment Services purchased a new stake in Cboe Global Markets during the 4th quarter valued at about $977,000. Brentview Investment Management LLC bought a new stake in Cboe Global Markets during the 4th quarter valued at about $3,278,000. Covea Finance raised its holdings in Cboe Global Markets by 283.2% in the fourth quarter. Covea Finance now owns 43,300 shares of the company’s stock worth $8,461,000 after buying an additional 32,000 shares during the last quarter. Finally, Smith Group Asset Management LLC lifted its stake in shares of Cboe Global Markets by 10.4% in the fourth quarter. Smith Group Asset Management LLC now owns 125,089 shares of the company’s stock worth $24,442,000 after buying an additional 11,786 shares in the last quarter. Hedge funds and other institutional investors 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.