Jefferies Financial Group Lowers Cboe Global Markets (NASDAQ:CBOE) Price Target to $190.00

Cboe Global Markets (NASDAQ:CBOE) had its target price cut by investment analysts at Jefferies Financial Group from $212.00 to $190.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “hold” rating on the stock. Jefferies Financial Group’s target price indicates a potential downside of 1.55% from the stock’s current price.

Several other analysts also recently weighed in on CBOE. JPMorgan Chase & Co. reissued an “underweight” rating and issued a $174.00 target price (down from $203.00) on shares of Cboe Global Markets in a report on Tuesday. StockNews.com raised Cboe Global Markets from a “sell” rating to a “hold” rating in a report on Friday, December 27th. The Goldman Sachs Group cut shares of Cboe Global Markets from a “neutral” rating to a “sell” rating and set a $184.00 target price on the stock. in a report on Monday. Keefe, Bruyette & Woods increased their price target on shares of Cboe Global Markets from $217.00 to $220.00 and gave the stock a “market perform” rating in a research note on Friday, December 20th. Finally, Barclays cut shares of Cboe Global Markets from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $230.00 to $220.00 in a report on Monday, December 9th. Two analysts have rated the stock with a sell rating and five have given a hold rating to the company’s stock. According to data from MarketBeat, Cboe Global Markets presently has an average rating of “Hold” and an average target price of $197.60.

Cboe Global Markets Price Performance

Shares of CBOE opened at $192.99 on Thursday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.39 and a quick ratio of 1.39. Cboe Global Markets has a 1-year low of $166.13 and a 1-year high of $221.66. The firm has a market capitalization of $20.20 billion, a P/E ratio of 26.29, a P/E/G ratio of 1.71 and a beta of 0.68.

Hedge Funds Weigh In On Cboe Global Markets

Large investors have recently modified their holdings of the business. JPMorgan Chase & Co. grew its holdings in Cboe Global Markets by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 471,581 shares of the company’s stock worth $96,613,000 after acquiring an additional 24,177 shares during the period. Nordea Investment Management AB boosted its position in shares of Cboe Global Markets by 16.7% during the 4th 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 in the last quarter. Principal Financial Group Inc. boosted its position in shares of Cboe Global Markets by 2.0% during the 3rd quarter. Principal Financial Group Inc. now owns 157,158 shares of the company’s stock worth $32,197,000 after purchasing an additional 3,155 shares in the last quarter. Tri Ri Asset Management Corp acquired a new position in shares of Cboe Global Markets during the 3rd quarter worth $5,499,000. Finally, Oddo BHF Asset Management Sas purchased a new position in shares of Cboe Global Markets in the 3rd quarter valued at about $7,647,000. 82.67% of the stock is owned by hedge funds and other 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.