Miami International Holdings, Inc. (NYSE:MIAX) Receives $40.00 Average Target Price from Brokerages

Miami International Holdings, Inc. (NYSE:MIAX) has been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $40.00.

Several brokerages have recently weighed in on MIAX. Wall Street Zen upgraded shares of Miami International to a “hold” rating in a research note on Saturday, August 23rd. Piper Sandler initiated coverage on shares of Miami International in a report on Monday. They issued an “overweight” rating and a $39.00 price objective on the stock. Rosenblatt Securities assumed coverage on shares of Miami International in a research note on Monday. They set a “buy” rating and a $50.00 target price on the stock. Keefe, Bruyette & Woods started coverage on shares of Miami International in a research report on Monday. They set a “market perform” rating and a $37.00 price objective for the company. Finally, JPMorgan Chase & Co. started coverage on shares of Miami International in a report on Monday. They issued a “neutral” rating and a $32.00 target price for the company.

Miami International Price Performance

MIAX stock opened at $36.87 on Monday. Miami International has a 52 week low of $28.63 and a 52 week high of $39.13.

Miami International Company Profile

We are a technology-driven leader in building and operating regulated financial marketplaces across multiple asset classes and geographies. Our MIAX Exchanges, MIAX Futures and BSX marketplaces are enabled by our in-house built, proprietary technology. We believe the speed and performance of our proprietary technology coupled with our fully integrated, award-winning customer service, sets us apart from our competitors.