Barclays Has Lowered Expectations for Cboe Global Markets (NASDAQ:CBOE) Stock Price

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) had its price objective decreased by research analysts at Barclays from $220.00 to $212.00 in a report issued on Monday,Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Barclays's price target would indicate a potential upside of 10.00% from the stock's current price.

Other analysts have also issued reports about the company. StockNews.com lowered Cboe Global Markets from a "hold" rating to a "sell" rating in a research note on Friday. Keefe, Bruyette & Woods boosted their target price on Cboe Global Markets from $217.00 to $220.00 and gave the company a "market perform" rating in a research note on Friday, December 20th. The Goldman Sachs Group downgraded Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 price objective for the company. in a report on Monday, January 6th. Jefferies Financial Group decreased their target price on Cboe Global Markets from $212.00 to $190.00 and set a "hold" rating on the stock in a report on Thursday. Finally, JPMorgan Chase & Co. reiterated an "underweight" rating and set a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $198.83.

Cboe Global Markets Trading Up 0.9 %

NASDAQ:CBOE traded up $1.78 on Monday, hitting $192.72. 794,971 shares of the company's stock traded hands, compared to its average volume of 712,165. Cboe Global Markets has a 1 year low of $166.13 and a 1 year high of $221.66. 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 firm has a market capitalization of $20.18 billion, a P/E ratio of 26.26, a PEG ratio of 1.71 and a beta of 0.68. The firm's 50-day simple moving average is $201.78.

Hedge Funds Weigh In On Cboe Global Markets

Several institutional investors have recently made changes to their positions in the company. Marion Wealth Management increased its stake in shares of Cboe Global Markets by 1.8% in the fourth quarter. Marion Wealth Management now owns 11,081 shares of the company's stock worth $2,165,000 after acquiring an additional 194 shares during the period. Brookstone Capital Management purchased a new position in Cboe Global Markets in the 4th quarter valued at about $396,000. Aprio Wealth Management LLC purchased a new stake in shares of Cboe Global Markets during the fourth quarter worth approximately $230,000. Czech National Bank raised its position in shares of Cboe Global Markets by 6.5% in the fourth quarter. Czech National Bank now owns 22,698 shares of the company's stock valued at $4,435,000 after buying an additional 1,383 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its position in shares of Cboe Global Markets by 5.7% in the fourth quarter. Harbor Capital Advisors Inc. now owns 3,134 shares of the company's stock valued at $612,000 after purchasing an additional 170 shares in the last quarter. 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.