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

Cboe Global Markets (NASDAQ:CBOE) had its price target decreased by analysts at Barclays from $220.00 to $212.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “equal weight” rating on the stock. Barclays‘s target price would suggest a potential upside of 10.86% from the company’s current price.

Several other equities analysts have also commented on CBOE. StockNews.com lowered shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday. Jefferies Financial Group decreased their price target on shares of Cboe Global Markets from $212.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday. The Goldman Sachs Group lowered shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price target on the stock. in a report on Monday, January 6th. William Blair started coverage on shares of Cboe Global Markets in a report on Thursday. They set a “market perform” rating on the stock. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Cboe Global Markets from $217.00 to $220.00 and gave the company a “market perform” rating in a report on Friday, December 20th. Three investment analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. According to MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus price target of $196.00.

Cboe Global Markets Stock Down 0.9 %

CBOE stock opened at $191.23 on Monday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 0.34. Cboe Global Markets has a 12 month low of $166.13 and a 12 month high of $221.66. The company has a market cap of $20.02 billion, a price-to-earnings ratio of 26.05, a P/E/G ratio of 1.71 and a beta of 0.68. The firm has a 50-day moving average price of $201.78.

Institutional Trading of Cboe Global Markets

Hedge funds have recently modified their holdings of the stock. Barclays PLC increased its stake in Cboe Global Markets by 27.9% during the 3rd quarter. Barclays PLC now owns 535,284 shares of the company’s stock valued at $109,662,000 after purchasing an additional 116,852 shares in the last quarter. Nordea Investment Management AB increased its stake in Cboe Global Markets by 16.7% during the 4th quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock valued at $126,262,000 after purchasing an additional 92,537 shares in the last quarter. Harmony Asset Management LLC bought a new stake in Cboe Global Markets during the 3rd quarter valued at $15,175,000. World Investment Advisors LLC bought a new stake in Cboe Global Markets during the 3rd quarter valued at $14,430,000. Finally, Erste Asset Management GmbH bought a new stake in Cboe Global Markets during the 3rd quarter valued at $11,191,000. Institutional investors 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.