Oppenheimer Issues Pessimistic Forecast for Cboe Global Markets (NASDAQ:CBOE) Stock Price

Cboe Global Markets (NASDAQ:CBOE) had its price target reduced by investment analysts at Oppenheimer from $232.00 to $218.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Oppenheimer’s price target points to a potential upside of 12.74% from the company’s current price.

CBOE has been the subject of a number of other reports. William Blair started coverage on shares of Cboe Global Markets in a report on Thursday, January 9th. They issued a “market perform” rating for the company. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $174.00 price target (down previously from $203.00) on shares of Cboe Global Markets in a research note on Tuesday, January 7th. StockNews.com downgraded Cboe Global Markets from a “hold” rating to a “sell” rating in a research note on Friday, January 10th. The Goldman Sachs Group cut Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price for the company. in a research report on Monday, January 6th. Finally, Barclays dropped their price target on shares of Cboe Global Markets from $220.00 to $212.00 and set an “equal weight” rating on the stock in a research report on Monday. Three analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $198.83.

Cboe Global Markets Stock Up 0.3 %

NASDAQ CBOE opened at $193.37 on Monday. 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 firm has a market capitalization of $20.24 billion, a PE ratio of 26.34, a PEG ratio of 1.71 and a beta of 0.68. Cboe Global Markets has a 12-month low of $166.13 and a 12-month high of $221.66. The company has a 50 day simple moving average of $201.39.

Institutional Investors Weigh In On Cboe Global Markets

Several hedge funds and other institutional investors have recently modified their holdings of the stock. TD Private Client Wealth LLC raised its stake in Cboe Global Markets by 149.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 371 shares of the company’s stock valued at $76,000 after purchasing an additional 222 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in shares of Cboe Global Markets during the 3rd quarter worth about $158,000. USA Financial Formulas acquired a new position in shares of Cboe Global Markets during the fourth quarter valued at about $182,000. Coastwise Capital Group LLC bought a new stake in shares of Cboe Global Markets in the third quarter valued at about $216,000. Finally, Aprio Wealth Management LLC bought a new stake in shares of Cboe Global Markets in the fourth quarter valued at about $230,000. Institutional investors and hedge funds 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.