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.
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