Cboe Global Markets (NASDAQ:CBOE) Price Target Raised to $216.00 at Barclays

Cboe Global Markets (NASDAQ:CBOE) had its target price upped by Barclays from $212.00 to $216.00 in a report published on Monday morning,Benzinga reports. They currently have an equal weight rating on the stock.

A number of other research firms also recently commented on CBOE. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $174.00 target price (down previously from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Jefferies Financial Group cut their price objective on Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, January 9th. StockNews.com downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday, January 10th. Keefe, Bruyette & Woods cut their price target on Cboe Global Markets from $220.00 to $215.00 and set a “market perform” rating for the company in a research note on Monday, January 13th. Finally, Oppenheimer lowered their price objective on shares of Cboe Global Markets from $232.00 to $218.00 and set an “outperform” rating on the stock in a research note on Monday, January 13th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets has a consensus rating of “Hold” and a consensus target price of $206.86.

Cboe Global Markets Price Performance

Cboe Global Markets stock opened at $209.71 on Monday. Cboe Global Markets has a one year low of $166.13 and a one year high of $221.66. The firm’s fifty day simple moving average is $199.48. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market capitalization of $21.95 billion, a PE ratio of 28.57, a PEG ratio of 2.14 and a beta of 0.68.

Cboe Global Markets (NASDAQ:CBOE) last announced its quarterly earnings results on Friday, February 7th. The company reported $2.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 previous year, the company posted $2.06 EPS. As a group, sell-side analysts expect that Cboe Global Markets will post 8.64 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Janus Henderson Group PLC increased its holdings in Cboe Global Markets by 0.3% in the 3rd quarter. Janus Henderson Group PLC now owns 1,528,295 shares of the company’s stock worth $313,090,000 after acquiring an additional 5,216 shares in the last quarter. Amundi increased its stake in shares of Cboe Global Markets by 27.2% in the fourth quarter. Amundi now owns 885,659 shares of the company’s stock worth $170,923,000 after purchasing an additional 189,280 shares in the last quarter. Tandem Investment Advisors Inc. raised its position in shares of Cboe Global Markets by 2.5% during the 4th quarter. Tandem Investment Advisors Inc. now owns 830,847 shares of the company’s stock valued at $162,347,000 after purchasing an additional 20,515 shares during the period. Los Angeles Capital Management LLC raised its position in shares of Cboe Global Markets by 13.7% during the 4th quarter. Los Angeles Capital Management LLC now owns 760,528 shares of the company’s stock valued at $148,607,000 after purchasing an additional 91,694 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Cboe Global Markets by 5.8% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 673,030 shares of the company’s stock valued at $131,510,000 after buying an additional 36,710 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.