Cboe Global Markets (BATS:CBOE) PT Raised to $205.00 at Rosenblatt Securities

Cboe Global Markets (BATS:CBOE) had its target price boosted by Rosenblatt Securities from $200.00 to $205.00 in a research note issued to investors on Monday, Benzinga reports. The firm currently has a “buy” rating on the stock. Rosenblatt Securities’ target price would suggest a potential upside of 14.10% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Citigroup increased their price objective on shares of Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research report on Friday, January 12th. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a report on Thursday, April 4th. Bank of America lifted their target price on Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a research report on Friday, April 19th. Barclays boosted their price target on shares of Cboe Global Markets from $200.00 to $211.00 and gave the stock an “overweight” rating in a research note on Monday, April 8th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $199.00 price target (down from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $190.64.

Cboe Global Markets Stock Up 3.2 %

Shares of BATS CBOE opened at $179.67 on Monday. The company has a market capitalization of $19.06 billion, a P/E ratio of 92.61 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The company has a 50 day simple moving average of $182.47 and a 200-day simple moving average of $179.75. Cboe Global Markets has a 1 year low of $103.82 and a 1 year high of $139.00.

Cboe Global Markets (BATS:CBOE) last posted its earnings results on Friday, May 3rd. The company reported $2.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.11. The company had revenue of $502.10 million during the quarter, compared to analysts’ expectations of $504.80 million. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm’s quarterly revenue was up 6.5% compared to the same quarter last year. During the same quarter last year, the firm earned $1.90 earnings per share. On average, equities research analysts predict that Cboe Global Markets will post 6.41 earnings per share for the current year.

Insiders Place Their Bets

In other Cboe Global Markets news, EVP Dave Howson sold 5,322 shares of the stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $186.96, for a total value of $995,001.12. Following the completion of the transaction, the executive vice president now owns 17,573 shares in the company, valued at $3,285,448.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.51% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Commonwealth Equity Services LLC increased its position in Cboe Global Markets by 46.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 22,594 shares of the company’s stock worth $3,529,000 after purchasing an additional 7,152 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in Cboe Global Markets by 3.1% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 9,199 shares of the company’s stock worth $1,437,000 after buying an additional 279 shares during the last quarter. Pinnacle Associates Ltd. acquired a new stake in Cboe Global Markets in the 3rd quarter worth about $203,000. Forsta AP Fonden boosted its stake in Cboe Global Markets by 4.4% in the 3rd quarter. Forsta AP Fonden now owns 18,800 shares of the company’s stock worth $2,937,000 after buying an additional 800 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Cboe Global Markets by 8.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 54,919 shares of the company’s stock worth $8,593,000 after buying an additional 4,325 shares during the last quarter. Hedge funds and other institutional investors own 81.73% of the company’s stock.

Cboe Global Markets Company Profile

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.