NASDAQ OMX Group (NASDAQ:NDAQ)‘s stock had its “overweight” rating reissued by research analysts at Barclays in a report released on Monday. They currently have a $47.00 price target on the stock, down from their previous price target of $48.00. Barclays’ target price suggests a potential upside of 14.97% from the stock’s previous close.
NDAQ has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of NASDAQ OMX Group in a research note on Monday. They now have a $44.00 price target on the stock, down previously from $45.00. Separately, analysts at Deutsche Bank upgraded shares of NASDAQ OMX Group from a “hold” rating to a “buy” rating in a research note on Thursday, October 2nd. They now have a $49.00 price target on the stock, up previously from $46.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of NASDAQ OMX Group in a research note on Tuesday, September 16th. They now have a $46.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $44.00.
Shares of NASDAQ OMX Group (NASDAQ:NDAQ) traded up 0.32% during mid-day trading on Monday, hitting $41.01. The stock had a trading volume of 494,307 shares. NASDAQ OMX Group has a 52 week low of $33.49 and a 52 week high of $44.33. The stock’s 50-day moving average is $42.15 and its 200-day moving average is $39.70. The company has a market cap of $6.914 billion and a price-to-earnings ratio of 15.12.
NASDAQ OMX Group (NASDAQ:NDAQ) last posted its quarterly earnings results on Friday, October 24th. The company reported $0.72 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.70 by $0.02. The company had revenue of $497.00 million for the quarter, compared to the consensus estimate of $510.60 million. During the same quarter in the prior year, the company posted $0.66 earnings per share. The company’s quarterly revenue was down 1.8% on a year-over-year basis. Analysts expect that NASDAQ OMX Group will post $2.88 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, December 26th. Stockholders of record on Friday, December 12th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.47%. The ex-dividend date is Wednesday, December 10th.
The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.
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