Cboe Global Markets (BATS:CBOE) PT Raised to $205.00

Cboe Global Markets (BATS:CBOE) had its price target raised by equities research analysts at Rosenblatt Securities from $200.00 to $205.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. Rosenblatt Securities’ price target would suggest a potential upside of 14.10% from the stock’s previous close.

Several other equities analysts have also recently commented on CBOE. Oppenheimer reaffirmed an “outperform” rating and set a $206.00 price objective on shares of Cboe Global Markets in a research note on Monday. Keefe, Bruyette & Woods reiterated a “market perform” rating and set a $197.00 price target on shares of Cboe Global Markets in a report on Thursday, April 4th. Citigroup upped their target price on shares of Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research report on Friday, January 12th. Morgan Stanley reissued an “equal weight” rating and set a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a research report on Tuesday, April 9th. Finally, Barclays increased their price objective on shares of Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Seven investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $190.64.

Cboe Global Markets Stock Performance

Shares of Cboe Global Markets stock opened at $179.67 on Monday. The stock has a market cap of $19.06 billion, a price-to-earnings ratio of 92.61 and a beta of 0.61. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets has a twelve month low of $103.82 and a twelve month high of $139.00. The company’s fifty day moving average is $182.47 and its 200 day moving average is $179.75.

Cboe Global Markets (BATS:CBOE) last announced its quarterly earnings data on Friday, May 3rd. The company reported $2.15 earnings per share for the quarter, beating the consensus estimate of $2.04 by $0.11. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $502.10 million for the quarter, compared to analyst estimates of $504.80 million. During the same quarter in the prior year, the business earned $1.90 earnings per share. The business’s quarterly revenue was up 6.5% compared to the same quarter last year. Sell-side analysts forecast that Cboe Global Markets will post 6.41 EPS for the current year.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 8,314 shares of Cboe Global Markets stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $183.88, for a total value of $1,528,778.32. Following the completion of the sale, the executive vice president now directly owns 17,573 shares in the company, valued at $3,231,323.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.51% of the stock is currently owned by corporate insiders.

Institutional Trading of Cboe Global Markets

A number of institutional investors have recently modified their holdings of the company. Pinnacle Associates Ltd. increased its position in shares of Cboe Global Markets by 5.2% during the fourth quarter. Pinnacle Associates Ltd. now owns 1,366 shares of the company’s stock worth $244,000 after purchasing an additional 67 shares in the last quarter. Allworth Financial LP raised its position in shares of Cboe Global Markets by 75.3% in the 4th quarter. Allworth Financial LP now owns 170 shares of the company’s stock valued at $30,000 after purchasing an additional 73 shares during the last quarter. Moors & Cabot Inc. boosted its stake in Cboe Global Markets by 2.3% in the 3rd quarter. Moors & Cabot Inc. now owns 3,305 shares of the company’s stock worth $516,000 after purchasing an additional 75 shares in the last quarter. Marion Wealth Management grew its position in Cboe Global Markets by 0.7% during the 1st quarter. Marion Wealth Management now owns 10,315 shares of the company’s stock worth $1,895,000 after purchasing an additional 76 shares during the last quarter. Finally, Texas Permanent School Fund Corp increased its stake in Cboe Global Markets by 0.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 24,319 shares of the company’s stock valued at $4,468,000 after purchasing an additional 84 shares in the last quarter. 81.73% of the stock is currently owned by institutional investors.

Cboe Global Markets Company Profile

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.