CBOE Holdings Stock Rating Upgraded by UBS AG (CBOE)
CBOE Holdings (NASDAQ:CBOE) was upgraded by research analysts at UBS AG from a “neutral” rating to a “buy” rating in a report released on Friday, TheFlyOnTheWall.com reports. The firm currently has a $56.00 price target on the stock, up from their previous price target of $45.00. UBS AG’s target price would suggest a potential upside of 16.44% from the stock’s previous close. The analysts noted that the move was a valuation call.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of CBOE Holdings in a research note to investors on Wednesday. They now have a $51.00 price target on the stock. Separately, analysts at Compass Point cut their price target on shares of CBOE Holdings from $50.00 to $45.00 in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Finally, analysts at Barclays cut their price target on shares of CBOE Holdings from $43.00 to $42.00 in a research note to investors on Tuesday, August 6th. Eleven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $44.69.
Shares of CBOE Holdings (NASDAQ:CBOE) traded up 3.03% on Friday, hitting $49.55. The stock had a trading volume of 639,919 shares. CBOE Holdings has a 52 week low of $28.56 and a 52 week high of $51.12. The stock has a 50-day moving average of $45.92 and a 200-day moving average of $43.76. The company has a market cap of $4.346 billion and a price-to-earnings ratio of 24.44.
CBOE Holdings (NASDAQ:CBOE) last released its earnings data on Friday, August 2nd. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.03. The company had revenue of $150.80 million for the quarter, compared to the consensus estimate of $148.88 million. During the same quarter in the previous year, the company posted $0.44 earnings per share. The company’s revenue for the quarter was up 13.7% on a year-over-year basis. Analysts expect that CBOE Holdings will post $1.97 EPS for the current fiscal year.
CBOE Holdings, Inc (NASDAQ:CBOE) is the holding company.
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