Cboe Global Markets (NASDAQ:CBOE) Given New $245.00 Price Target at Citigroup

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) had its target price hoisted by analysts at Citigroup from $230.00 to $245.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has a "neutral" rating on the stock. Citigroup's price objective would suggest a potential upside of 5.36% from the company's previous close.

Several other equities analysts have also issued reports on CBOE. UBS Group upped their price target on Cboe Global Markets from $235.00 to $245.00 and gave the company a "neutral" rating in a research note on Monday, May 5th. Oppenheimer upped their price target on Cboe Global Markets from $237.00 to $249.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Barclays upped their price target on Cboe Global Markets from $232.00 to $245.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. Cowen reaffirmed a "hold" rating on shares of Cboe Global Markets in a research note on Monday, May 5th. Finally, Bank of America reaffirmed a "neutral" rating and set a $227.00 price target (down previously from $260.00) on shares of Cboe Global Markets in a research note on Thursday, April 10th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $221.75.

Cboe Global Markets Price Performance

Cboe Global Markets stock traded down $2.68 on Tuesday, reaching $232.54. The company's stock had a trading volume of 600,027 shares, compared to its average volume of 858,795. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.78. The company has a market cap of $24.35 billion, a price-to-earnings ratio of 32.21, a PEG ratio of 1.75 and a beta of 0.43. The business's fifty day moving average price is $227.08 and its 200 day moving average price is $214.47. Cboe Global Markets has a twelve month low of $166.88 and a twelve month high of $237.27.

Cboe Global Markets (NASDAQ:CBOE - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The company reported $2.50 EPS for the quarter, topping analysts' consensus estimates of $2.36 by $0.14. Cboe Global Markets had a return on equity of 22.02% and a net margin of 18.64%. The company's revenue was up 12.6% compared to the same quarter last year. During the same period last year, the company earned $2.15 EPS. Equities analysts expect that Cboe Global Markets will post 8.96 earnings per share for the current fiscal year.

Insider Activity

In other Cboe Global Markets news, EVP Catherine R. Clay sold 3,598 shares of the stock in a transaction dated Friday, May 23rd. The stock was sold at an average price of $226.58, for a total value of $815,234.84. Following the completion of the sale, the executive vice president directly owned 2,183 shares in the company, valued at $494,624.14. This represents a 62.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.22% of the stock is owned by company insiders.

Institutional Investors Weigh In On Cboe Global Markets

Several large investors have recently modified their holdings of CBOE. Clearstead Trust LLC bought a new stake in shares of Cboe Global Markets in the first quarter worth about $26,000. NBC Securities Inc. bought a new position in shares of Cboe Global Markets during the first quarter worth about $27,000. Lee Danner & Bass Inc. bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $29,000. Greenline Partners LLC bought a new position in shares of Cboe Global Markets during the fourth quarter worth about $29,000. Finally, Hughes Financial Services LLC bought a new position in shares of Cboe Global Markets during the first quarter worth about $29,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Company Profile

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.