Cboe Global Markets, Inc. (NYSE:CBOE) Receives Consensus Rating of “Moderate Buy” from Analysts

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Shares of Cboe Global Markets, Inc. (NYSE:CBOEGet Rating) have received a consensus recommendation of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $143.75.

Several analysts have weighed in on the company. Rosenblatt Securities upped their target price on Cboe Global Markets from $152.00 to $154.00 and gave the company a “buy” rating in a report on Thursday, April 14th. Citigroup reduced their price objective on Cboe Global Markets from $155.00 to $145.00 in a research report on Wednesday, April 13th. Morgan Stanley upgraded Cboe Global Markets to an “overweight” rating and upped their price objective for the company from $118.00 to $140.00 in a research report on Tuesday, July 19th. Finally, Credit Suisse Group upped their price objective on Cboe Global Markets from $143.00 to $146.00 and gave the company a “neutral” rating in a research report on Wednesday, July 13th.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $123.38 on Monday. Cboe Global Markets has a 12 month low of $103.82 and a 12 month high of $139.00. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.23 and a quick ratio of 1.23. The business has a 50 day simple moving average of $115.26 and a 200-day simple moving average of $115.57. The stock has a market capitalization of $13.10 billion, a PE ratio of 26.08, a price-to-earnings-growth ratio of 2.86 and a beta of 0.63.

Cboe Global Markets (NYSE:CBOEGet Rating) last announced its quarterly earnings data on Friday, April 29th. The company reported $1.73 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $408.78 million. Equities analysts predict that Cboe Global Markets will post 5.21 earnings per share for the current year.

Cboe Global Markets Company Profile

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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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