Cboe Global Markets (BATS:CBOE) Price Target Increased to $215.00 by Analysts at Barclays

Cboe Global Markets (BATS:CBOE) had its target price upped by research analysts at Barclays from $211.00 to $215.00 in a research note issued on Monday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s price objective would suggest a potential upside of 16.67% from the company’s current price.

Several other research firms also recently issued reports on CBOE. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $197.00 price objective on shares of Cboe Global Markets in a research report on Thursday, April 4th. Morgan Stanley reiterated an “equal weight” rating and set a $199.00 price objective (down from $211.00) on shares of Cboe Global Markets in a research note on Tuesday, April 9th. Bank of America boosted their price objective on shares of Cboe Global Markets from $200.00 to $204.00 and gave the company a “buy” rating in a report on Friday, April 19th. Rosenblatt Securities raised their target price on Cboe Global Markets from $200.00 to $205.00 and gave the stock a “buy” rating in a research note on Monday. Finally, Citigroup raised their price objective on Cboe Global Markets from $170.00 to $188.00 and gave the stock a “neutral” rating in a research note on Friday, January 12th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets currently has an average rating of “Hold” and an average target price of $191.00.

Cboe Global Markets Stock Performance

CBOE stock opened at $184.28 on Monday. Cboe Global Markets has a one year low of $103.82 and a one year high of $139.00. The firm has a market cap of $19.55 billion, a price-to-earnings ratio of 94.99 and a beta of 0.61. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a 50-day simple moving average of $182.19 and a two-hundred day simple moving average of $179.89.

Cboe Global Markets (BATS:CBOE) last released its quarterly 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. Cboe Global Markets had a net margin of 5.77% and a return on equity of 20.05%. The business had revenue of $502.10 million for the quarter, compared to analyst estimates of $504.80 million. During the same period in the previous year, the company earned $1.90 earnings per share. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. On average, equities analysts forecast that Cboe Global Markets will post 6.41 EPS for the current fiscal year.

Insider Activity at Cboe Global Markets

In related news, EVP Dave Howson sold 5,322 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $186.96, for a total value of $995,001.12. Following the transaction, the executive vice president now directly owns 17,573 shares of the company’s stock, valued at approximately $3,285,448.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.51% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Cboe Global Markets

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sei Investments Co. lifted its position in Cboe Global Markets by 62.9% during the first quarter. Sei Investments Co. now owns 99,490 shares of the company’s stock worth $18,279,000 after buying an additional 38,434 shares in the last quarter. Forsta AP Fonden raised its holdings in shares of Cboe Global Markets by 81.0% during the 1st quarter. Forsta AP Fonden now owns 36,200 shares of the company’s stock worth $6,651,000 after acquiring an additional 16,200 shares during the period. Illinois Municipal Retirement Fund boosted its position in shares of Cboe Global Markets by 36.8% during the 1st quarter. Illinois Municipal Retirement Fund now owns 10,951 shares of the company’s stock valued at $2,012,000 after acquiring an additional 2,947 shares during the last quarter. Mystic Asset Management Inc. grew its holdings in shares of Cboe Global Markets by 7.4% in the first quarter. Mystic Asset Management Inc. now owns 1,375 shares of the company’s stock valued at $253,000 after purchasing an additional 95 shares during the period. Finally, SG Americas Securities LLC increased its position in Cboe Global Markets by 544.3% during the first quarter. SG Americas Securities LLC now owns 58,620 shares of the company’s stock worth $10,770,000 after purchasing an additional 49,522 shares during the last quarter. Institutional investors and hedge funds 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.