Cboe Global Markets (NYSE:CBOE) Sees Large Volume Increase

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Cboe Global Markets, Inc. (NYSE:CBOEGet Rating) saw unusually-high trading volume on Friday . Approximately 23,130 shares traded hands during trading, a decline of 96% from the previous session’s volume of 632,804 shares.The stock last traded at $122.94 and had previously closed at $125.67.

Analysts Set New Price Targets

CBOE has been the topic of a number of research reports. Morgan Stanley upgraded Cboe Global Markets to an “overweight” rating and raised their price objective for the company from $118.00 to $140.00 in a report on Tuesday, July 19th. Citigroup cut their price objective on Cboe Global Markets from $155.00 to $145.00 in a research report on Wednesday, April 13th. Credit Suisse Group raised their price objective on Cboe Global Markets from $143.00 to $146.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 13th. Finally, Rosenblatt Securities raised their price objective on Cboe Global Markets from $152.00 to $154.00 and gave the stock a “buy” rating in a research report on Thursday, April 14th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $143.75.

Cboe Global Markets Price Performance

The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $13.10 billion, a price-to-earnings ratio of 26.08, a price-to-earnings-growth ratio of 2.86 and a beta of 0.63. The company has a 50 day simple moving average of $115.26 and a 200 day simple moving average of $115.64.

Cboe Global Markets (NYSE:CBOEGet Rating) last issued its quarterly earnings results on Friday, April 29th. The company reported $1.73 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.06. Cboe Global Markets had a return on equity of 17.48% and a net margin of 14.65%. The firm had revenue of $418.10 million during the quarter, compared to the consensus estimate of $408.78 million. As a group, research analysts predict that Cboe Global Markets, Inc. will post 5.21 EPS for the current year.

About Cboe Global Markets

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

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