Analysts Set Cboe Global Markets, Inc. (NASDAQ:CBOE) PT at $198.83

Shares of Cboe Global Markets, Inc. (NASDAQ:CBOE) have been given an average rating of “Reduce” by the seven analysts that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $198.83.

Several brokerages have recently issued reports on CBOE. StockNews.com cut shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a research report on Friday, January 10th. Oppenheimer dropped their target price on Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating for the company in a report on Monday, January 13th. Jefferies Financial Group decreased their price target on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, January 9th. William Blair began coverage on shares of Cboe Global Markets in a research note on Thursday, January 9th. They set a “market perform” rating for the company. Finally, The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a research note on Monday, January 6th.

Institutional Trading of Cboe Global Markets

A number of large investors have recently made changes to their positions in CBOE. Kestra Investment Management LLC purchased a new position in shares of Cboe Global Markets during the fourth quarter valued at $31,000. Sugar Maple Asset Management LLC acquired a new position in shares of Cboe Global Markets in the 4th quarter valued at $36,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cboe Global Markets in the fourth quarter worth about $39,000. Jones Financial Companies Lllp lifted its stake in Cboe Global Markets by 40.5% during the 4th quarter. Jones Financial Companies Lllp now owns 215 shares of the company’s stock valued at $42,000 after acquiring an additional 62 shares during the period. Finally, TD Private Client Wealth LLC boosted its holdings in Cboe Global Markets by 149.0% in the third quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after purchasing an additional 222 shares during the last quarter. 82.67% of the stock is owned by hedge funds and other institutional investors.

Cboe Global Markets Stock Performance

NASDAQ:CBOE opened at $211.17 on Monday. The company has a market capitalization of $22.11 billion, a price-to-earnings ratio of 28.77, a PEG ratio of 2.10 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 firm’s 50-day moving average is $199.62. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.34.

Cboe Global Markets (NASDAQ:CBOE) last released its quarterly earnings data on Friday, February 7th. The company reported $2.10 EPS for the quarter, missing the consensus estimate of $2.14 by ($0.04). Cboe Global Markets had a net margin of 19.65% and a return on equity of 22.33%. During the same quarter in the prior year, the company posted $2.06 EPS. Equities analysts forecast that Cboe Global Markets will post 8.64 earnings per share for the current fiscal year.

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.