CME Group Stock Rating Reaffirmed by Barclays Capital (CME)
CME Group (NYSE: CME)‘s stock had its “equal weight” rating reaffirmed by Barclays Capital in a research note issued on Wednesday, Analyst Ratings Network.com reports. They currently have a $59.00 price target on the stock.
A number of other analysts have also recently weighed in on CME. Analysts at Zacks upgraded shares of CME Group from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, May 9th. They now have a $64.00 price target on the stock. Separately, analysts at Compass Point raised their price target on shares of CME Group from $55.00 to $60.00 in a research note to investors on Monday, May 6th. They now have a “neutral” rating on the stock. Finally, analysts at UBS AG reiterated a “buy” rating on shares of CME Group in a research note to investors on Tuesday, April 16th. They now have a $68.00 price target on the stock.
Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $71.81.
CME Group (NYSE: CME) traded down 0.71% on Wednesday, hitting $63.256. CME Group has a 1-year low of $49.54 and a 1-year high of $63.63. The stock’s 50-day moving average is currently $60.93. The company has a market cap of $21.120 billion and a price-to-earnings ratio of 24.41.
CME Group (NYSE: CME) last issued its earnings data on Thursday, May 2nd. The company reported $0.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by $0.02. The company had revenue of $719.00 million for the quarter, compared to the consensus estimate of $711.88 million. During the same quarter in the previous year, the company posted $4.02 earnings per share. The company’s revenue for the quarter was down 7.2% on a year-over-year basis. On average, analysts predict that CME Group will post $3.13 earnings per share for the current fiscal year.
CME Group Inc. (NYSE: CME) offers a range of global products across all asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.
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.