NASDAQ OMX Group Given New $33.00 Price Target at KBW (NDAQ)
NASDAQ OMX Group (NASDAQ: NDAQ) had its target price boosted by KBW from $29.00 to $33.00 in a research note issued to investors on Wednesday. The firm currently has a market perform rating on the stock.
A number of other analysts have also recently weighed in on NDAQ. Analysts at Bank of America initiated coverage on shares of NASDAQ OMX Group in a research note to investors on Tuesday. They set a buy rating and a $34.00 price target on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of NASDAQ OMX Group from $27.00 to $28.00 in a research note to investors on Thursday, February 14th. They now have a market perform rating on the stock. Finally, analysts at ISI Group raised their price target on shares of NASDAQ OMX Group to $31.00 in a research note to investors on Tuesday, February 12th.
Six investment analysts have rated the stock with a buy rating, two have issued an overweight rating, and eleven have issued a hold rating to the company’s stock. The company has an average rating of overweight and a consensus target price of $30.84.
NASDAQ OMX Group traded down 1.07% on Wednesday, hitting $31.3201. NASDAQ OMX Group has a 52-week low of $21.03 and a 52-week high of $32.15. The stock’s 50-day moving average is currently $29.06. The company has a market cap of $5.189 billion and a price-to-earnings ratio of 15.52.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, March 28th. Investors of record on Thursday, March 14th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.64%. The ex-dividend date of this dividend is Tuesday, March 12th.
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