Cboe Global Markets (BATS:CBOE) Price Target Lowered to $212.00 at Deutsche Bank Aktiengesellschaft

Cboe Global Markets (BATS:CBOEGet Free Report) had its target price decreased by investment analysts at Deutsche Bank Aktiengesellschaft from $214.00 to $212.00 in a report released on Monday, Benzinga reports. The firm currently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price objective indicates a potential upside of 0.95% from the stock’s previous close.

A number of other brokerages have also issued reports on CBOE. JPMorgan Chase & Co. upgraded shares of Cboe Global Markets from an “underweight” rating to a “neutral” rating and increased their target price for the stock from $168.00 to $195.00 in a research report on Monday, August 5th. Oppenheimer increased their price target on shares of Cboe Global Markets from $209.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. Barclays reduced their price target on shares of Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday. Royal Bank of Canada reiterated a “sector perform” rating and set a $220.00 price target on shares of Cboe Global Markets in a research report on Monday. Finally, Keefe, Bruyette & Woods increased their price target on shares of Cboe Global Markets from $197.00 to $198.00 and gave the stock a “market perform” rating in a research report on Monday, August 5th. Eight investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $208.58.

Check Out Our Latest Analysis on CBOE

Cboe Global Markets Stock Performance

CBOE traded down $3.57 on Monday, reaching $210.00. The company had a trading volume of 1,295,666 shares, compared to its average volume of 636,231. Cboe Global Markets has a fifty-two week low of $103.82 and a fifty-two week high of $139.00. The stock has a market cap of $22.27 billion, a P/E ratio of 108.25 and a beta of 0.61. The company’s fifty day moving average is $209.64 and its 200 day moving average is $191.56. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21.

Cboe Global Markets (BATS:CBOEGet Free Report) last announced its earnings results on Friday, November 1st. The company reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.03. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The firm had revenue of $532.00 million for the quarter, compared to analyst estimates of $530.46 million. During the same quarter in the prior year, the business posted $2.06 EPS. The business’s revenue was up 10.7% compared to the same quarter last year. As a group, analysts predict that Cboe Global Markets will post 6.41 earnings per share for the current fiscal year.

Cboe Global Markets declared that its board has initiated a stock buyback plan on Friday, August 16th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to reacquire up to 2.3% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

Insider Transactions at Cboe Global Markets

In other news, COO Christopher A. Isaacson sold 6,000 shares of the stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the completion of the sale, the chief operating officer now directly owns 39,855 shares in the company, valued at $8,165,890.95. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other news, EVP Catherine R. Clay sold 600 shares of Cboe Global Markets stock in a transaction dated Wednesday, August 7th. The shares were sold at an average price of $203.23, for a total transaction of $121,938.00. Following the completion of the transaction, the executive vice president now directly owns 4,328 shares in the company, valued at $879,579.44. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Christopher A. Isaacson sold 6,000 shares of Cboe Global Markets stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $204.89, for a total transaction of $1,229,340.00. Following the transaction, the chief operating officer now owns 39,855 shares of the company’s stock, valued at $8,165,890.95. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,296 shares of company stock worth $1,713,098 over the last three months. 0.51% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the company. Washington Trust Advisors Inc. bought a new position in shares of Cboe Global Markets during the third quarter valued at about $144,000. SpiderRock Advisors LLC lifted its position in shares of Cboe Global Markets by 55.5% during the third quarter. SpiderRock Advisors LLC now owns 17,574 shares of the company’s stock valued at $3,600,000 after purchasing an additional 6,276 shares in the last quarter. Consolidated Planning Corp bought a new position in shares of Cboe Global Markets during the third quarter valued at about $723,000. Principal Financial Group Inc. lifted its position in shares of Cboe Global Markets by 2.0% during the third quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock valued at $32,197,000 after purchasing an additional 3,155 shares in the last quarter. Finally, Amalgamated Bank lifted its position in shares of Cboe Global Markets by 12.4% during the third quarter. Amalgamated Bank now owns 24,022 shares of the company’s stock valued at $4,921,000 after purchasing an additional 2,652 shares in the last quarter. 81.73% of the stock is owned by institutional investors.

Cboe Global Markets Company Profile

(Get Free Report)

Cboe Global Markets, Inc, through its subsidiaries, operates as an options exchange worldwide. It operates through six segments: Options, North American Equities, Europe and Asia Pacific, Futures, Global FX, and Digital. The Options segment trades in listed market indices. The North American Equities segment trades in listed U.S.

Featured Articles

Analyst Recommendations for Cboe Global Markets (BATS:CBOE)

Receive News & Ratings for Cboe Global Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cboe Global Markets and related companies with MarketBeat.com's FREE daily email newsletter.