CBOE Holdings’s “Hold” Rating Reaffirmed at JPMorgan Chase & Co. (CBOE)
CBOE Holdings (NASDAQ:CBOE)‘s stock had its “hold” rating reiterated by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Tuesday. They currently have a $48.50 price objective on the stock, down from their previous price objective of $49.00. JPMorgan Chase & Co.’s target price indicates a potential upside of 2.36% from the company’s current price.
A number of other firms have also recently commented on CBOE. Analysts at Zacks reiterated a “neutral” rating on shares of CBOE Holdings in a research note on Friday. They now have a $51.00 price target on the stock. Separately, analysts at Credit Suisse reiterated an “underperform” rating on shares of CBOE Holdings in a research note on Tuesday, June 3rd. They now have a $49.00 price target on the stock, down previously from $50.00. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of CBOE Holdings in a research note on Tuesday, June 3rd. They now have a $46.00 price target on the stock, down previously from $48.00. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $50.68.
Shares of CBOE Holdings (NASDAQ:CBOE) traded down 1.93% during mid-day trading on Tuesday, hitting $47.37. 1,115,879 shares of the company’s stock traded hands. CBOE Holdings has a 1-year low of $44.44 and a 1-year high of $59.28. The stock’s 50-day moving average is $49. and its 200-day moving average is $52.0. The company has a market cap of $4.073 billion and a P/E ratio of 23.33.
CBOE Holdings (NASDAQ:CBOE) last announced its earnings results on Tuesday, May 6th. The company reported $0.58 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.56 by $0.02. The company had revenue of $157.90 million for the quarter, compared to the consensus estimate of $156.33 million. During the same quarter last year, the company posted $0.50 earnings per share. CBOE Holdings’s revenue was up 10.7% compared to the same quarter last year. On average, analysts predict that CBOE Holdings will post $2.18 earnings per share for the current fiscal year.
CBOE Holdings, Inc (NASDAQ:CBOE) is the holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.