Cboe Global Markets (NASDAQ:CBOE) Stock Rating Lowered by The Goldman Sachs Group

Cboe Global Markets (NASDAQ:CBOE) was downgraded by investment analysts at The Goldman Sachs Group from a “neutral” rating to a “sell” rating in a report issued on Monday,Finviz reports. They currently have a $184.00 price target on the stock. The Goldman Sachs Group’s target price would suggest a potential downside of 5.76% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a research note on Friday, December 27th. Barclays lowered Cboe Global Markets from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $230.00 to $220.00 in a research note on Monday, December 9th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a report on Friday, December 20th.

Cboe Global Markets Trading Down 0.6 %

Shares of NASDAQ:CBOE opened at $195.24 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a market capitalization of $20.44 billion, a P/E ratio of 26.60, a price-to-earnings-growth ratio of 1.71 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.

Institutional Investors Weigh In On Cboe Global Markets

Large investors have recently modified their holdings of the stock. TD Private Client Wealth LLC grew its holdings in shares of Cboe Global Markets by 149.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock worth $76,000 after acquiring an additional 222 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new position in Cboe Global Markets in the third quarter worth $158,000. Coastwise Capital Group LLC bought a new stake in shares of Cboe Global Markets during the 3rd quarter valued at $216,000. Rehmann Capital Advisory Group increased its stake in shares of Cboe Global Markets by 5.3% in the 3rd quarter. Rehmann Capital Advisory Group now owns 1,253 shares of the company’s stock worth $257,000 after acquiring an additional 63 shares in the last quarter. Finally, Coldstream Capital Management Inc. boosted its stake in Cboe Global Markets by 5.3% during the third quarter. Coldstream Capital Management Inc. now owns 1,318 shares of the company’s stock worth $269,000 after acquiring an additional 66 shares in the last quarter. Institutional investors own 82.67% of the company’s stock.

About Cboe Global Markets

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.