Cboe Global Markets Inc (CBOE:CBOE) Receives $112.20 Consensus PT from Brokerages

Cboe Global Markets Inc (CBOE:CBOE) has been assigned a consensus rating of “Hold” from the sixteen research firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven 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 $110.89.

Several research firms have commented on CBOE. UBS Group decreased their price objective on shares of Cboe Global Markets from $105.00 to $103.00 and set a “neutral” rating for the company in a research note on Monday, May 6th. Raymond James lowered shares of Cboe Global Markets from an “outperform” rating to a “market perform” rating in a research note on Tuesday. Rosenblatt Securities lowered shares of Cboe Global Markets from a “buy” rating to a “neutral” rating in a research note on Thursday, April 18th. Bank of America increased their price objective on shares of Cboe Global Markets from $105.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, May 16th. Finally, Argus began coverage on shares of Cboe Global Markets in a research note on Friday, February 22nd. They issued a “hold” rating for the company.

CBOE:CBOE traded down $0.33 on Monday, hitting $107.70. The stock had a trading volume of 599,852 shares, compared to its average volume of 747,336. Cboe Global Markets has a 1 year low of $87.87 and a 1 year high of $115.11.



Cboe Global Markets (CBOE:CBOE) last posted its quarterly earnings data on Friday, May 3rd. The financial services provider reported $1.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.99 by $0.12. The firm had revenue of $280.50 million during the quarter, compared to analysts’ expectations of $279.49 million.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 14th. Stockholders of record on Friday, May 31st will be given a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date is Thursday, May 30th.

In related news, CFO Brian N. Schell sold 10,000 shares of the firm’s stock in a transaction that occurred on Friday, May 31st. The shares were sold at an average price of $108.47, for a total value of $1,084,700.00. Following the completion of the transaction, the chief financial officer now directly owns 36,069 shares of the company’s stock, valued at approximately $3,912,404.43. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Bryan Harkins sold 4,300 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $106.71, for a total transaction of $458,853.00. Following the completion of the transaction, the executive vice president now directly owns 43,661 shares of the company’s stock, valued at $4,659,065.31. The disclosure for this sale can be found here. Insiders have sold a total of 25,134 shares of company stock valued at $2,679,406 over the last three months. Insiders own 0.89% of the company’s stock.

About Cboe Global Markets

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.

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Analyst Recommendations for Cboe Global Markets (CBOE:CBOE)

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