Nasdaq (NASDAQ:NDAQ) was upgraded by equities research analysts at BidaskClub from a “hold” rating to a “buy” rating in a report issued on Friday.

Other equities analysts have also recently issued research reports about the stock. Zacks Investment Research raised shares of Nasdaq from a “hold” rating to a “buy” rating and set a $90.00 target price on the stock in a research note on Wednesday. UBS Group reissued a “buy” rating and set a $89.00 target price (up previously from $83.00) on shares of Nasdaq in a research note on Monday, December 11th. ValuEngine raised shares of Nasdaq from a “hold” rating to a “buy” rating in a research note on Wednesday, November 15th. Royal Bank of Canada set a $78.00 target price on shares of Nasdaq and gave the company a “hold” rating in a research note on Monday, October 16th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating and set a $78.00 target price on shares of Nasdaq in a research note on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $80.09.

Nasdaq (NASDAQ:NDAQ) traded up $0.97 during trading on Friday, reaching $81.43. 924,111 shares of the company’s stock traded hands, compared to its average volume of 767,869. The firm has a market cap of $13,535.78, a PE ratio of 53.57, a price-to-earnings-growth ratio of 1.77 and a beta of 0.79. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.15 and a current ratio of 1.15. Nasdaq has a 52-week low of $65.98 and a 52-week high of $81.55.

Nasdaq (NASDAQ:NDAQ) last released its earnings results on Wednesday, October 25th. The financial services provider reported $1.06 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.04. The firm had revenue of $607.00 million for the quarter, compared to analysts’ expectations of $599.84 million. Nasdaq had a net margin of 6.72% and a return on equity of 12.69%. Nasdaq’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company earned $0.91 EPS. equities research analysts anticipate that Nasdaq will post 4.18 earnings per share for the current year.

In other news, insider Pc Nelson Griggs sold 1,396 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $74.72, for a total transaction of $104,309.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.60% of the company’s stock.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Nasdaq by 1.8% during the 2nd quarter. Vanguard Group Inc. now owns 11,470,748 shares of the financial services provider’s stock valued at $820,043,000 after purchasing an additional 208,253 shares in the last quarter. Bessemer Group Inc. boosted its holdings in shares of Nasdaq by 2.9% in the third quarter. Bessemer Group Inc. now owns 2,400,450 shares of the financial services provider’s stock worth $186,204,000 after buying an additional 67,975 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Nasdaq by 7.4% in the third quarter. JPMorgan Chase & Co. now owns 2,210,659 shares of the financial services provider’s stock worth $171,614,000 after buying an additional 151,864 shares during the period. BT Investment Management Ltd acquired a new position in shares of Nasdaq in the second quarter worth about $97,982,000. Finally, Frontier Capital Management Co. LLC boosted its holdings in shares of Nasdaq by 1.3% in the third quarter. Frontier Capital Management Co. LLC now owns 1,249,927 shares of the financial services provider’s stock worth $96,957,000 after buying an additional 16,264 shares during the period. Institutional investors own 75.74% of the company’s stock.

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About Nasdaq

Nasdaq, Inc (Nasdaq) is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services. It manages, operates and provides its products and services through four segments: Market Services, Corporate Services, Information Services and Market Technology.

Analyst Recommendations for Nasdaq (NASDAQ:NDAQ)

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