Oppenheimer Cuts Cboe Global Markets (NASDAQ:CBOE) Price Target to $218.00

Cboe Global Markets (NASDAQ:CBOE) had its price objective cut by equities research analysts at Oppenheimer from $232.00 to $218.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Oppenheimer’s price objective suggests a potential upside of 13.39% from the stock’s previous close.

Several other research analysts have also recently commented on CBOE. StockNews.com cut shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a research report on Tuesday, January 7th. Barclays reduced their target price on Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating for the company in a report on Monday. Jefferies Financial Group lowered 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. Finally, Keefe, Bruyette & Woods raised their price objective on Cboe Global Markets from $217.00 to $220.00 and gave the stock a “market perform” rating in a research report on Friday, December 20th. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $199.67.

Cboe Global Markets Stock Up 0.7 %

Shares of NASDAQ CBOE traded up $1.31 during mid-day trading on Monday, hitting $192.25. 106,461 shares of the company traded hands, compared to its average volume of 607,065. 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 has a 1 year low of $166.13 and a 1 year high of $221.66. The firm has a market cap of $20.13 billion, a PE ratio of 26.19, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68. The business’s 50 day moving average is $201.78.

Institutional Investors Weigh In On Cboe Global Markets

Several large investors have recently made changes to their positions in CBOE. Janus Henderson Group PLC grew its position in Cboe Global Markets by 0.3% in the third 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. Nordea Investment Management AB lifted its stake in shares of Cboe Global Markets by 16.7% in the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after buying an additional 92,537 shares during the last quarter. Barclays PLC boosted its holdings in shares of Cboe Global Markets by 27.9% during the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock worth $109,662,000 after buying an additional 116,852 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Cboe Global Markets by 5.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after buying an additional 24,177 shares during the period. Finally, Principal Financial Group Inc. grew its stake in Cboe Global Markets by 2.0% in the 3rd quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock valued at $32,197,000 after buying an additional 3,155 shares during 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.