NASDAQ OMX Group Stock Rating Reaffirmed by Barclays (NDAQ)

Share on StockTwits

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.

Receive News & Ratings for NASDAQ OMX Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NASDAQ OMX Group and related companies with Analyst Ratings Network's FREE daily email newsletter.

Latest News

SABMiller and Coca-Cola Reach Deal for Africa
SABMiller and Coca-Cola Reach Deal for Africa
iPad Sales on the Decline
iPad Sales on the Decline
Sony Promises Overhaul in Smartphone Unit
Sony Promises Overhaul in Smartphone Unit
Apple Donating Portion of Profit to Fight Against AIDS
Apple Donating Portion of Profit to Fight Against AIDS
Walmart and SolarCity Corp Sign Agreement for Solar Installation
Walmart and SolarCity Corp Sign Agreement for Solar Installation
Europe Will Attempt to Break Up Google
Europe Will Attempt to Break Up Google


Leave a Reply

Advertisement
Advertisement
© 2006-2014 Ticker Report. Google+.