Analysts Set Cboe Global Markets, Inc. (BATS:CBOE) Target Price at $211.36

Shares of Cboe Global Markets, Inc. (BATS:CBOE) have been assigned an average recommendation of “Hold” from the eleven analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $211.36.

Several equities research analysts have commented on CBOE shares. Royal Bank of Canada restated a “sector perform” rating and issued a $220.00 price objective on shares of Cboe Global Markets in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft upgraded Cboe Global Markets from a “hold” rating to a “buy” rating and upped their target price for the company from $212.00 to $222.00 in a report on Monday, November 11th. Piper Sandler increased their price target on Cboe Global Markets from $210.00 to $220.00 and gave the stock an “overweight” rating in a report on Tuesday, October 8th. Oppenheimer raised their target price on Cboe Global Markets from $209.00 to $227.00 and gave the company an “outperform” rating in a report on Monday, October 14th. Finally, TD Cowen initiated coverage on Cboe Global Markets in a research report on Thursday, September 26th. They issued a “hold” rating and a $205.00 price target on the stock.

Institutional Trading of Cboe Global Markets

A number of institutional investors have recently modified their holdings of CBOE. Parallel Advisors LLC boosted its stake in shares of Cboe Global Markets by 9.1% in the second quarter. Parallel Advisors LLC now owns 1,960 shares of the company’s stock valued at $333,000 after buying an additional 163 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Cboe Global Markets by 10.9% in the second quarter. Dimensional Fund Advisors LP now owns 566,657 shares of the company’s stock valued at $96,367,000 after purchasing an additional 55,876 shares during the last quarter. Moors & Cabot Inc. increased its stake in Cboe Global Markets by 2.7% in the second quarter. Moors & Cabot Inc. now owns 5,686 shares of the company’s stock valued at $967,000 after purchasing an additional 150 shares during the last quarter. Virtu Financial LLC acquired a new position in Cboe Global Markets in the second quarter valued at $1,165,000. Finally, Argent Trust Co increased its stake in Cboe Global Markets by 2.9% in the second quarter. Argent Trust Co now owns 5,216 shares of the company’s stock valued at $887,000 after purchasing an additional 147 shares during the last quarter. 81.73% of the stock is currently owned by hedge funds and other institutional investors.

Cboe Global Markets Trading Up 4.2 %

Cboe Global Markets stock opened at $201.52 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.60. Cboe Global Markets has a 52 week low of $103.82 and a 52 week high of $139.00. The company has a market capitalization of $21.37 billion, a price-to-earnings ratio of 103.88 and a beta of 0.61. The stock has a 50-day moving average price of $200.85 and a 200 day moving average price of $201.40.

Cboe Global Markets (BATS:CBOE) last released its earnings results on Friday, November 1st. The company reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.03. Cboe Global Markets had a return on equity of 20.05% and a net margin of 5.77%. The firm had revenue of $532.00 million during the quarter, compared to the consensus estimate of $530.46 million. During the same quarter in the previous year, the company posted $2.06 earnings per share. The company’s revenue was up 10.7% compared to the same quarter last year. Sell-side analysts anticipate that Cboe Global Markets will post 6.41 EPS for the current year.

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.