Bats Global Markets Inc (BATS) Given Consensus Rating of “Hold” by Brokerages
Shares of Bats Global Markets Inc (OTC:BATS) have received a consensus rating of “Hold” from the twelve analysts that are covering the firm. Eleven equities research analysts have rated the stock with a hold recommendation. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $4,600.00.
Several brokerages have recently issued reports on BATS. Royal Bank Of Canada began coverage on Bats Global Markets in a research note on Tuesday, June 21st. They issued an “underperform” rating on the stock. Raymond James Financial Inc. upgraded Bats Global Markets from an “underperform” rating to a “market perform” rating in a research note on Thursday, August 25th. Finally, Keefe, Bruyette & Woods lowered Bats Global Markets from an “outperform” rating to a “market perform” rating in a research note on Monday, September 26th.
Bats Global Markets (OTC:BATS) traded down 0.60% during trading on Monday, reaching $29.65. The company’s stock had a trading volume of 288,657 shares. The firm has a 50 day moving average price of $26.96 and a 200-day moving average price of $25.89. Bats Global Markets has a 52-week low of $19.00 and a 52-week high of $33.00.
About Bats Global Markets
BATS Global Markets, Inc (BATS) is an operator of exchanges and provider of services for financial markets. The Company facilitates securities trading and exchange traded products (ETP) listings for the United States and European equity securities and operates a United States options exchange. BATS serves the foreign exchange (FX) market, operating Hotspot, an institutional spot foreign exchange market.
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