NASDAQ OMX Group Inc. Hits New 52-Week High at $40.74 (NDAQ)
Shares of NASDAQ OMX Group (NASDAQ:NDAQ) hit a new 52-week high on Wednesday, AR Network reports. The company traded as high as $40.74 and last traded at $40.13, with a volume of 1,064,409 shares trading hands. The stock had previously closed at $40.07.
A number of research firms have recently commented on NDAQ. Analysts at Citigroup Inc. upgraded shares of NASDAQ OMX Group from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday. They now have a $50.00 price target on the stock, up previously from $40.00. Separately, analysts at JPMorgan Chase & Co. initiated coverage on shares of NASDAQ OMX Group in a research note to investors on Monday, December 23rd. They set a “neutral” rating and a $44.50 price target on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of NASDAQ OMX Group in a research note to investors on Tuesday, December 10th. They set a “neutral” rating on the stock. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. NASDAQ OMX Group has a consensus rating of “Hold” and a consensus price target of $37.03.
NASDAQ OMX Group has a 1-year low of $26.01 and a 1-year high of $40.64. The stock has a 50-day moving average of $39.28 and a 200-day moving average of $34.46. The company has a market cap of $6.733 billion and a P/E ratio of 20.65.
NASDAQ OMX Group (NASDAQ:NDAQ) last released its earnings data on Wednesday, October 23rd. The company reported $0.66 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.62 by $0.04. The company had revenue of $506.00 million for the quarter, compared to the consensus estimate of $502.62 million. During the same quarter last year, the company posted $0.62 earnings per share. NASDAQ OMX Group’s revenue was up 22.8% compared to the same quarter last year. Analysts expect that NASDAQ OMX Group will post $2.58 EPS for the current fiscal year.
The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.
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