Jefferies Stick to Their Hold Rating for Cboe Global Markets Inc
Investing.com
Published Nov 17, 2021 01:15PM ET
Jefferies (NYSE:JEF) analyst Daniel Fannon maintained a Hold rating on Cboe Global Markets (NYSE:CBOE) Inc on Wednesday, setting a price target of $126, which is approximately 4.55% below the present share price of $132.01.
Fannon expects Cboe Global Markets Inc to post earnings per share (EPS) of $1.12 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Cboe Global Markets, with an average price target of $134.25.
The analysts price targets range from a high of $150 to a low of $121.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $816.8 million and a net profit of $197.4 million. The company's market cap is $14.08 billion.
According to TipRanks.com, Jefferies analyst Daniel Fannon is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.1% and a 75.87% success rate.
Cboe Global Markets, Inc. engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options. The U.S. Equities segment covers listed cash equities and ETP transaction services that occur on BZX, BYX, EDGX, and EDGA. The Futures comprises the the business of futures exchange, CFE, which includes offering for trading futures on the VIX Index and bitcoin and other futures products. The European Equities segment relates to the pan-European listed cash equities transaction services, ETPs, exchange-traded commodities, and international depository receipts that occur on the RIE, operated by Cboe Europe Equities. The Global FX segment represents the institutional FX trading services that occur on the Cboe FX platform. The company was founded on 1973 and is headquartered in Chicago, IL.
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Written By: Investing.com
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