Bats Global Markets Inc (BATS) Rating Lowered to Market Perform at Keefe, Bruyette & Woods
Bats Global Markets Inc (OTC:BATS) was downgraded by equities research analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research note issued to investors on Monday.
Several other research firms have also commented on BATS. Raymond James Financial Inc. upgraded Bats Global Markets from an “underperform” rating to a “market perform” rating in a research note on Thursday, August 25th. Royal Bank Of Canada initiated coverage on Bats Global Markets in a research note on Tuesday, June 21st. They issued an “underperform” rating for the company. Eleven investment analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average target price of $4,600.00.
Shares of Bats Global Markets (OTC:BATS) opened at 30.28 on Monday. The firm has a 50-day moving average price of $25.07 and a 200-day moving average price of $25.36. Bats Global Markets has a 52-week low of $19.00 and a 52-week high of $30.61.
About Bats Global Markets
BATS Global Markets, Inc (BATS) is an operator of exchanges and provider of services for financial markets. The Company facilitates securities trading and exchange traded products (ETP) listings for the United States and European equity securities and operates a United States options exchange. BATS serves the foreign exchange (FX) market, operating Hotspot, an institutional spot foreign exchange market.
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