Bank of America Issues Positive Forecast for Cboe Global Markets (NASDAQ:CBOE) Stock Price

Cboe Global Markets (NASDAQ:CBOE) had its target price upped by Bank of America from $245.00 to $251.00 in a research note issued to investors on Monday morning,Benzinga reports. Bank of America currently has a buy rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Keefe, Bruyette & Woods reduced their price objective on shares of 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. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target for the company. in a research report on Monday, January 6th. Barclays increased their price objective on Cboe Global Markets from $212.00 to $216.00 and gave the stock an “equal weight” rating in a research report on Monday. JPMorgan Chase & Co. restated an “underweight” rating and set a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Finally, William Blair assumed coverage on Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating on the stock. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $206.86.

Cboe Global Markets Trading Down 0.7 %

CBOE opened at $209.71 on Monday. Cboe Global Markets has a 12 month low of $166.13 and a 12 month high of $221.66. The company has a market cap of $21.95 billion, a P/E ratio of 28.57, a PEG ratio of 2.14 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The business has a 50 day simple moving average of $199.48.

Cboe Global Markets (NASDAQ:CBOE) last posted its earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same period in the previous year, the company posted $2.06 EPS. Research analysts forecast that Cboe Global Markets will post 8.64 earnings per share for the current fiscal year.

Institutional Trading of Cboe Global Markets

Several hedge funds and other institutional investors have recently bought and sold shares of CBOE. New York Life Investment Management LLC lifted its holdings in shares of Cboe Global Markets by 0.3% in the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company’s stock worth $3,035,000 after acquiring an additional 48 shares during the last quarter. Exencial Wealth Advisors LLC raised its position in Cboe Global Markets by 1.1% in the 4th quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company’s stock worth $893,000 after purchasing an additional 50 shares during the period. Inspire Advisors LLC lifted its stake in Cboe Global Markets by 1.6% in the fourth quarter. Inspire Advisors LLC now owns 3,127 shares of the company’s stock worth $611,000 after purchasing an additional 50 shares during the last quarter. Pinnacle Financial Partners Inc lifted its stake in Cboe Global Markets by 5.2% in the fourth quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company’s stock worth $234,000 after purchasing an additional 59 shares during the last quarter. Finally, One Wealth Advisors LLC boosted its position in Cboe Global Markets by 5.7% during the fourth quarter. One Wealth Advisors LLC now owns 1,109 shares of the company’s stock valued at $217,000 after buying an additional 60 shares during the period. 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.