Cboe Global Markets (NASDAQ:CBOE) Price Target Raised to $251.00

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) had its target price lifted by stock analysts at Bank of America from $245.00 to $251.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a "buy" rating on the stock. Bank of America's price target would indicate a potential upside of 20.54% from the company's previous close.

Other equities research analysts have also issued research reports about the company. Oppenheimer reduced their price objective on Cboe Global Markets from $232.00 to $218.00 and set an "outperform" rating on the stock in a research report on Monday, January 13th. The Goldman Sachs Group downgraded Cboe Global Markets from a "neutral" rating to a "sell" rating and set a $184.00 target price on the stock. in a report on Monday, January 6th. StockNews.com downgraded Cboe Global Markets from a "hold" rating to a "sell" rating in a report on Friday, January 10th. Barclays lifted their target price on Cboe Global Markets from $212.00 to $216.00 and gave the stock an "equal weight" rating in a report on Monday. Finally, William Blair started coverage on Cboe Global Markets in a report on Thursday, January 9th. They set a "market perform" rating on the stock. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, Cboe Global Markets currently has a consensus rating of "Hold" and a consensus target price of $206.86.

Cboe Global Markets Price Performance

CBOE stock traded down $3.81 during midday trading on Monday, reaching $208.23. 599,931 shares of the stock were exchanged, compared to its average volume of 769,546. The company has a market cap of $21.80 billion, a PE ratio of 28.37, a PEG ratio of 2.14 and a beta of 0.68. Cboe Global Markets has a 52 week low of $166.13 and a 52 week high of $221.66. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34. The firm has a fifty day moving average of $199.40.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last issued its quarterly earnings data on Friday, February 7th. The company reported $2.10 earnings per share for the quarter, missing analysts' consensus estimates of $2.14 by ($0.04). Cboe Global Markets had a return on equity of 22.33% and a net margin of 19.65%. During the same period in the prior year, the business posted $2.06 EPS. As a group, analysts anticipate that Cboe Global Markets will post 8.64 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. New York Life Investment Management LLC lifted its stake in shares of Cboe Global Markets by 0.3% in the 4th quarter. New York Life Investment Management LLC now owns 15,531 shares of the company's stock valued at $3,035,000 after purchasing an additional 48 shares during the period. Summit Financial LLC lifted its stake in shares of Cboe Global Markets by 0.4% in the 4th quarter. Summit Financial LLC now owns 10,908 shares of the company's stock valued at $2,131,000 after purchasing an additional 48 shares during the period. Exencial Wealth Advisors LLC lifted its stake in shares of Cboe Global Markets by 1.1% in the 4th quarter. Exencial Wealth Advisors LLC now owns 4,570 shares of the company's stock valued at $893,000 after purchasing an additional 50 shares during the period. Inspire Advisors LLC lifted its stake in shares of Cboe Global Markets by 1.6% in the 4th quarter. Inspire Advisors LLC now owns 3,127 shares of the company's stock valued at $611,000 after purchasing an additional 50 shares during the period. Finally, Pinnacle Financial Partners Inc lifted its stake in shares of Cboe Global Markets by 5.2% in the 4th quarter. Pinnacle Financial Partners Inc now owns 1,196 shares of the company's stock valued at $234,000 after purchasing an additional 59 shares during the period. 82.67% of the stock is owned by institutional investors and hedge funds.

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.