CBOE Holdings Price Target Increased to $48.00 by Analysts at Barclays (CBOE)
Analysts at Barclays increased their target price on shares of CBOE Holdings (NASDAQ:CBOE) from $42.00 to $48.00 in a research report issued to clients and investors on Monday, Analyst Ratings Net reports. The firm currently has an “equal weight” rating on the stock. Barclays’ target price would suggest a potential downside of 2.02% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Macquarie upgraded shares of CBOE Holdings from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 29th. They now have a $57.00 price target on the stock, up previously from $46.00. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of CBOE Holdings from $41.50 to $48.00 in a research note to investors on Wednesday, October 23rd. They now have a “neutral” rating on the stock. Finally, analysts at UBS AG upgraded shares of CBOE Holdings from a “neutral” rating to a “buy” rating in a research note to investors on Friday, October 18th. They now have a $56.00 price target on the stock, up previously from $45.00. They noted that the move was a valuation call. Thirteen equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $46.51.
Shares of CBOE Holdings (NASDAQ:CBOE) traded up 1.16% on Monday, hitting $49.56. The stock had a trading volume of 227,590 shares. CBOE Holdings has a one year low of $29.11 and a one year high of $51.50. The stock’s 50-day moving average is $47.16 and its 200-day moving average is $44.81. The company has a market cap of $4.344 billion and a price-to-earnings ratio of 25.56.
CBOE Holdings (NASDAQ:CBOE) last posted its quarterly earnings results on Friday, November 1st. The company reported $0.47 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.47. The company had revenue of $136.70 million for the quarter, compared to the consensus estimate of $139.80 million. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s revenue for the quarter was up 6.5% on a year-over-year basis. On average, analysts predict that CBOE Holdings will post $2.00 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, December 20th. Investors of record on Friday, November 29th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.47%. The ex-dividend date is Tuesday, November 26th.
CBOE Holdings, Inc (NASDAQ:CBOE) is the holding company.
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