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

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

CBOE has been the topic of several other reports. The Goldman Sachs Group downgraded shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 price objective on the stock. in a report on Monday, January 6th. StockNews.com downgraded shares of Cboe Global Markets from a “hold” rating to a “sell” rating in a report on Friday. Jefferies Financial Group dropped their price objective 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. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $174.00 price objective (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday, January 7th. Finally, William Blair began coverage on shares of Cboe Global Markets in a report on Thursday. They set a “market perform” rating on the stock. Three investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. Based on data from MarketBeat.com, Cboe Global Markets presently has a consensus rating of “Hold” and a consensus price target of $196.00.

Cboe Global Markets Price Performance

NASDAQ CBOE opened at $191.23 on Monday. Cboe Global Markets has a 1 year low of $166.13 and a 1 year high of $221.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.39 and a current ratio of 1.39. The company has a market cap of $20.02 billion, a price-to-earnings ratio of 26.05, a price-to-earnings-growth ratio of 1.71 and a beta of 0.68. The business has a fifty day moving average price of $201.78.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in shares of Cboe Global Markets by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after purchasing an additional 24,177 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Cboe Global Markets by 16.7% in the fourth quarter. Nordea Investment Management AB now owns 646,670 shares of the company’s stock worth $126,262,000 after purchasing an additional 92,537 shares during the last quarter. Principal Financial Group Inc. grew its position in Cboe Global Markets by 2.0% during the third quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock valued at $32,197,000 after acquiring an additional 3,155 shares during the last quarter. Tri Ri Asset Management Corp bought a new position in Cboe Global Markets during the third quarter valued at approximately $5,499,000. Finally, Oddo BHF Asset Management Sas bought a new position in Cboe Global Markets during the third quarter valued at approximately $7,647,000. 82.67% of the stock is currently owned by institutional investors.

Cboe Global Markets Company Profile

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.