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

Shares of Cboe Global Markets, Inc. (BATS:CBOE) have been given a consensus rating of “Hold” by the eleven brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $211.36.

Several brokerages have issued reports on CBOE. Morgan Stanley cut Cboe Global Markets from an “equal weight” rating to an “underweight” rating and set a $199.00 price objective on the stock. in a research note on Wednesday, November 6th. Deutsche Bank Aktiengesellschaft upgraded Cboe Global Markets from a “hold” rating to a “buy” rating and increased their price target for the stock from $212.00 to $222.00 in a research report on Monday, November 11th. Oppenheimer increased their price target on Cboe Global Markets from $209.00 to $227.00 and gave the stock an “outperform” rating in a research report on Monday, October 14th. Barclays dropped their price target on Cboe Global Markets from $239.00 to $230.00 and set an “overweight” rating on the stock in a research report on Monday, November 4th. Finally, TD Cowen began coverage on Cboe Global Markets in a research report on Thursday, September 26th. They set a “hold” rating and a $205.00 price target on the stock.

Cboe Global Markets Price Performance

Shares of BATS CBOE opened at $201.52 on Friday. The company has a market capitalization of $21.37 billion, a price-to-earnings ratio of 103.88 and a beta of 0.61. Cboe Global Markets has a 1-year low of $103.82 and a 1-year high of $139.00. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.21 and a quick ratio of 1.21. The business has a 50-day moving average of $200.85 and a 200-day moving average of $201.40.

Cboe Global Markets (BATS:CBOE) last issued its quarterly earnings results on Friday, November 1st. The company reported $2.22 EPS for the quarter, beating 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 prior year, the business posted $2.06 earnings per share. Cboe Global Markets’s revenue for the quarter was up 10.7% on a year-over-year basis. On average, equities analysts anticipate that Cboe Global Markets will post 6.41 EPS for the current fiscal year.

Hedge Funds Weigh In On Cboe Global Markets

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. West Family Investments Inc. grew its holdings in Cboe Global Markets by 7.9% in the 3rd quarter. West Family Investments Inc. now owns 3,334 shares of the company’s stock worth $683,000 after buying an additional 243 shares in the last quarter. XTX Topco Ltd bought a new position in Cboe Global Markets during the 2nd quarter valued at $1,359,000. Swedbank AB boosted its stake in Cboe Global Markets by 305.2% during the 3rd quarter. Swedbank AB now owns 94,392 shares of the company’s stock valued at $19,338,000 after purchasing an additional 71,097 shares in the last quarter. Regal Investment Advisors LLC boosted its stake in Cboe Global Markets by 0.3% during the 2nd quarter. Regal Investment Advisors LLC now owns 22,274 shares of the company’s stock valued at $3,788,000 after purchasing an additional 56 shares in the last quarter. Finally, Aquila Investment Management LLC boosted its stake in Cboe Global Markets by 11.1% during the 3rd quarter. Aquila Investment Management LLC now owns 10,000 shares of the company’s stock valued at $2,049,000 after purchasing an additional 1,000 shares in the last quarter. 81.73% of the stock is owned by institutional investors.

About Cboe Global Markets

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.