Cboe Global Markets (NASDAQ:CBOE) was upgraded by stock analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a research report issued on Monday. The brokerage presently has a $120.00 price target on the financial services provider’s stock, down from their prior price target of $137.00. Deutsche Bank’s target price would suggest a potential upside of 4.35% from the company’s current price.

CBOE has been the subject of several other research reports. Wells Fargo & Co raised their target price on shares of Cboe Global Markets from $4.75 to $138.00 and gave the stock an “outperform” rating in a research note on Friday, January 5th. Citigroup raised their target price on shares of Cboe Global Markets from $93.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, October 19th. BidaskClub upgraded shares of Cboe Global Markets from a “hold” rating to a “buy” rating in a research note on Friday, January 26th. Royal Bank of Canada cut shares of Cboe Global Markets from an “outperform” rating to a “sector perform” rating and raised their target price for the stock from $100.00 to $108.00 in a research note on Monday, October 16th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $130.00 price objective on shares of Cboe Global Markets in a research note on Friday, December 22nd. Eight research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. Cboe Global Markets currently has an average rating of “Buy” and a consensus target price of $118.64.

Cboe Global Markets (NASDAQ CBOE) traded up $2.78 during mid-day trading on Monday, hitting $115.00. 2,331,850 shares of the stock traded hands, compared to its average volume of 1,668,095. Cboe Global Markets has a one year low of $77.33 and a one year high of $138.54. The firm has a market cap of $12,730.00, a PE ratio of 32.39, a PEG ratio of 1.20 and a beta of 0.46. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.31 and a quick ratio of 1.57.

Cboe Global Markets (NASDAQ:CBOE) last released its earnings results on Friday, February 9th. The financial services provider reported $0.87 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.88 by ($0.01). Cboe Global Markets had a return on equity of 12.74% and a net margin of 17.80%. The firm had revenue of $265.60 million during the quarter, compared to analyst estimates of $267.25 million. During the same quarter last year, the business posted $0.63 EPS. The firm’s revenue was up 85.7% on a year-over-year basis. equities research analysts forecast that Cboe Global Markets will post 4.68 earnings per share for the current year.

In other Cboe Global Markets news, Director Frank E. Jr. English sold 300 shares of Cboe Global Markets stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $123.80, for a total transaction of $37,140.00. Following the completion of the transaction, the director now owns 4,214 shares in the company, valued at $521,693.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Christopher Mitchell sold 670 shares of Cboe Global Markets stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $120.89, for a total transaction of $80,996.30. Following the transaction, the director now owns 8,808 shares of the company’s stock, valued at approximately $1,064,799.12. The disclosure for this sale can be found here. Insiders sold 12,989 shares of company stock valued at $1,622,840 in the last quarter. Company insiders own 1.86% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Advisor Group Inc. raised its position in Cboe Global Markets by 0.9% during the second quarter. Advisor Group Inc. now owns 2,278 shares of the financial services provider’s stock worth $208,000 after acquiring an additional 21 shares during the last quarter. Sentry Investment Management LLC raised its position in Cboe Global Markets by 1.0% during the second quarter. Sentry Investment Management LLC now owns 6,466 shares of the financial services provider’s stock worth $591,000 after acquiring an additional 66 shares during the last quarter. Thrivent Financial For Lutherans raised its position in Cboe Global Markets by 3.6% during the second quarter. Thrivent Financial For Lutherans now owns 3,480 shares of the financial services provider’s stock worth $318,000 after acquiring an additional 120 shares during the last quarter. Cigna Investments Inc. New raised its position in Cboe Global Markets by 10.6% during the fourth quarter. Cigna Investments Inc. New now owns 4,078 shares of the financial services provider’s stock worth $508,000 after acquiring an additional 390 shares during the last quarter. Finally, Parkwood LLC raised its position in Cboe Global Markets by 17.3% during the third quarter. Parkwood LLC now owns 3,084 shares of the financial services provider’s stock worth $332,000 after acquiring an additional 454 shares during the last quarter. Institutional investors own 83.54% of the company’s stock.

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About Cboe Global Markets

Cboe Global Markets, Inc, formerly CBOE Holdings, Inc, is a holding company. The Company provides trading and investment solutions to investors around the world. It offers trading across a diverse range of products in multiple asset classes and geographies, including options, futures, United States and European equities, exchange-traded products (ETPs), global foreign exchange (FX) and multi-asset volatility products based on the Cboe Volatility Index (VIX Index).

Analyst Recommendations for Cboe Global Markets (NASDAQ:CBOE)

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