Barclays Remains a Hold on CME Group (CME)

Barclays analyst Benjamin Budish maintained a Hold rating on CME Group (CME – Research Report) today and set a price target of $225.00. The company’s shares closed yesterday at $214.80.

Budish covers the Financial sector, focusing on stocks such as Coinbase Global, Blackstone Group, and Interactive Brokers. According to TipRanks, Budish has an average return of 3.3% and a 69.23% success rate on recommended stocks.

CME Group has an analyst consensus of Moderate Buy, with a price target consensus of $223.23, which is a 3.92% upside from current levels. In a report released yesterday, Bank of America Securities also maintained a Hold rating on the stock with a $209.00 price target.

Based on CME Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.44 billion and a net profit of $844.9 million. In comparison, last year the company earned a revenue of $1.21 billion and had a net profit of $663.8 million

Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is neutral on the stock.

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CME Group (CME) Company Description:

CME Group Inc., formerly known as Chicago Mercantile Exchange Holdings Inc, is the world’s leading derivatives marketplace, with it offering a wide range of futures and options products for risk management. These include equity indexes, interest rates, agricultural commodities, foreign exchange, energy, and metals. The company also offers clearing and settlement services for exchange-traded contracts, as well as for cleared over-the-counter derivatives transactions. It also provides a wide range of market data services such as live quotes, delayed quotes, historical data service and market reports.