Barclays reissued their overweight rating on shares of NASDAQ OMX Group (NASDAQ:NDAQ) in a research report sent to investors on Friday morning. The firm currently has a $43.00 price target on the stock, down from their previous price target of $45.00.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse upgraded shares of NASDAQ OMX Group from a neutral rating to an outperform rating in a research note on Friday, May 16th. They now have a $42.00 price target on the stock, up previously from $40.00. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. NASDAQ OMX Group presently has an average rating of Hold and an average target price of $38.43.
Shares of NASDAQ OMX Group (NASDAQ:NDAQ) traded up 0.11% during mid-day trading on Friday, hitting $37.65. The stock had a trading volume of 207,375 shares. NASDAQ OMX Group has a 1-year low of $29.51 and a 1-year high of $41.25. The stock’s 50-day moving average is $36.70 and its 200-day moving average is $38.03. The company has a market cap of $6.426 billion and a P/E ratio of 14.55.
NASDAQ OMX Group (NASDAQ:NDAQ) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.72 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.71 by $0.01. The company had revenue of $529.00 million for the quarter, compared to the consensus estimate of $526.55 million. During the same quarter in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 26.6% on a year-over-year basis. Analysts expect that NASDAQ OMX Group will post $2.92 EPS for the current fiscal year.
In other NASDAQ OMX Group news, EVP Anna M. Ewing sold 10,000 shares of NASDAQ OMX Group stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $38.00, for a total transaction of $380,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.
To view Barclays’ full report, visit Barclays’ official website.
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