CBOE Holdings, Inc. (CBOE) Price Target Increased to $115.00 by Analysts at Citigroup Inc.

CBOE Holdings, Inc. (NASDAQ:CBOE) had its price objective raised by analysts at Citigroup Inc. from $93.00 to $115.00 in a research note issued on Thursday. The firm presently has a “neutral” rating on the financial services provider’s stock. Citigroup Inc.’s target price points to a potential upside of 4.94% from the stock’s current price.

Several other brokerages also recently weighed in on CBOE. Royal Bank Of Canada downgraded CBOE Holdings from an “outperform” rating to a “sector perform” rating and upped their price objective for the stock from $100.00 to $108.00 in a research report on Monday. Wells Fargo & Company restated an “outperform” rating and set a $120.00 price objective (up from $106.00) on shares of CBOE Holdings in a research report on Thursday, October 5th. They noted that the move was a valuation call. Keefe, Bruyette & Woods restated a “hold” rating and set a $108.00 price objective on shares of CBOE Holdings in a research report on Thursday, October 12th. Jefferies Group LLC restated a “hold” rating and set a $92.00 price objective on shares of CBOE Holdings in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded CBOE Holdings from a “hold” rating to a “buy” rating and set a $121.00 price objective for the company in a research report on Monday, October 9th. Seven analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $103.64.

Shares of CBOE Holdings (NASDAQ CBOE) traded down 0.80% during mid-day trading on Thursday, hitting $108.71. The stock had a trading volume of 349,401 shares. The stock’s 50-day moving average price is $106.39 and its 200 day moving average price is $93.52. The company has a market capitalization of $12.26 billion, a P/E ratio of 59.44 and a beta of 0.50. CBOE Holdings has a 1-year low of $61.58 and a 1-year high of $110.67.

CBOE Holdings (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, August 4th. The financial services provider reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.01. CBOE Holdings had a return on equity of 17.45% and a net margin of 17.81%. The business had revenue of $266.90 million during the quarter, compared to the consensus estimate of $266.22 million. During the same period in the prior year, the company earned $0.60 EPS. CBOE Holdings’s revenue for the quarter was up 85.2% on a year-over-year basis. On average, analysts predict that CBOE Holdings will post $3.42 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This report was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another publication, it was stolen and republished in violation of United States & international copyright & trademark laws. The original version of this report can be viewed at https://ledgergazette.com/2017/10/19/cboe-holdings-inc-cboe-price-target-increased-to-115-00-by-analysts-at-citigroup-inc.html.

In other CBOE Holdings news, Director Carole E. Stone sold 1,520 shares of the stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $97.14, for a total value of $147,652.80. Following the completion of the transaction, the director now directly owns 14,241 shares in the company, valued at $1,383,370.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David S. Reynolds sold 4,000 shares of the stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $109.12, for a total value of $436,480.00. The disclosure for this sale can be found here. Insiders sold 218,240 shares of company stock valued at $21,417,728 over the last quarter. Corporate insiders own 1.86% of the company’s stock.

Several hedge funds have recently modified their holdings of CBOE. UBS Asset Management Americas Inc. increased its stake in shares of CBOE Holdings by 40.3% in the first quarter. UBS Asset Management Americas Inc. now owns 106,212 shares of the financial services provider’s stock valued at $8,611,000 after buying an additional 30,484 shares during the period. United Services Automobile Association acquired a new stake in shares of CBOE Holdings in the first quarter valued at about $2,215,000. Teachers Advisors LLC increased its stake in shares of CBOE Holdings by 29.1% in the first quarter. Teachers Advisors LLC now owns 102,444 shares of the financial services provider’s stock valued at $8,305,000 after buying an additional 23,074 shares during the period. Royce & Associates LP acquired a new stake in shares of CBOE Holdings in the

Several other brokerages also recently weighed in on CBOE. Royal Bank Of Canada downgraded CBOE Holdings from an “outperform” rating to a “sector perform” rating and upped their price objective for the stock from $100.00 to $108.00 in a research report on Monday. Wells Fargo & Company restated an “outperform” rating and set a $120.00 price objective (up from $106.00) on shares of CBOE Holdings in a research report on Thursday, October 5th. They noted that the move was a valuation call. Keefe, Bruyette & Woods restated a “hold” rating and set a $108.00 price objective on shares of CBOE Holdings in a research report on Thursday, October 12th. Jefferies Group LLC restated a “hold” rating and set a $92.00 price objective on shares of CBOE Holdings in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded CBOE Holdings from a “hold” rating to a “buy” rating and set a $121.00 price objective for the company in a research report on Monday, October 9th. Seven analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $103.64.

Shares of CBOE Holdings (NASDAQ CBOE) traded down 0.80% during mid-day trading on Thursday, hitting $108.71. The stock had a trading volume of 349,401 shares. The stock’s 50-day moving average price is $106.39 and its 200 day moving average price is $93.52. The company has a market capitalization of $12.26 billion, a P/E ratio of 59.44 and a beta of 0.50. CBOE Holdings has a 1-year low of $61.58 and a 1-year high of $110.67.

CBOE Holdings (NASDAQ:CBOE) last announced its quarterly earnings data on Friday, August 4th. The financial services provider reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.01. CBOE Holdings had a return on equity of 17.45% and a net margin of 17.81%. The business had revenue of $266.90 million during the quarter, compared to the consensus estimate of $266.22 million. During the same period in the prior year, the company earned $0.60 EPS. CBOE Holdings’s revenue for the quarter was up 85.2% on a year-over-year basis. On average, analysts predict that CBOE Holdings will post $3.42 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This report was originally published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another publication, it was stolen and republished in violation of United States & international copyright & trademark laws. The original version of this report can be viewed at https://ledgergazette.com/2017/10/19/cboe-holdings-inc-cboe-price-target-increased-to-115-00-by-analysts-at-citigroup-inc.html.

In other CBOE Holdings news, Director Carole E. Stone sold 1,520 shares of the stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $97.14, for a total value of $147,652.80. Following the completion of the transaction, the director now directly owns 14,241 shares in the company, valued at $1,383,370.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David S. Reynolds sold 4,000 shares of the stock in a transaction dated Thursday, October 12th. The shares were sold at an average price of $109.12, for a total value of $436,480.00. The disclosure for this sale can be found here. Insiders sold 218,240 shares of company stock valued at $21,417,728 over the last quarter. Corporate insiders own 1.86% of the company’s stock.

Several hedge funds have recently modified their holdings of CBOE. UBS Asset Management Americas Inc. increased its stake in shares of CBOE Holdings by 40.3% in the first quarter. UBS Asset Management Americas Inc. now owns 106,212 shares of the financial services provider’s stock valued at $8,611,000 after buying an additional 30,484 shares during the period. United Services Automobile Association acquired a new stake in shares of CBOE Holdings in the first quarter valued at about $2,215,000. Teachers Advisors LLC increased its stake in shares of CBOE Holdings by 29.1% in the first quarter. Teachers Advisors LLC now owns 102,444 shares of the financial services provider’s stock valued at $8,305,000 after buying an additional 23,074 shares during the period. Royce & Associates LP acquired a new stake in shares of CBOE Holdings in the first quarter valued at about $180,000. Finally, Legal & General Group Plc increased its stake in shares of CBOE Holdings by 98.8% in the first quarter. Legal & General Group Plc now owns 49,395 shares of the financial services provider’s stock valued at $4,005,000 after buying an additional 24,544 shares during the period. 82.29% of the stock is owned by institutional investors.

CBOE Holdings Company Profile

CBOE Holdings, Inc is a holding company. The Company’s principal business is operating markets that offer for trading options on various market indexes (index options), on an exclusive basis, and futures contracts, as well as on non-exclusive multiply listed options, such as options on the stocks of individual corporations (equity options), and options on other exchange-traded products (ETP options), such as exchange-traded funds (ETF options) and exchange-traded notes (ETN options).

Analyst Recommendations for CBOE Holdings (NASDAQ:CBOE)

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