In a report released on October 27, Ken Worthington from J.P. Morgan maintained a Buy rating on Tradeweb Markets (TW – Research Report), with a price target of $98.00. The company’s shares closed yesterday at $88.79.
According to TipRanks, Worthington is a 2-star analyst with an average return of -0.2% and a 47.47% success rate. Worthington covers the Financial sector, focusing on stocks such as Federated Hermes, Cboe Global Markets, and Invesco.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tradeweb Markets with a $96.44 average price target, which is an 8.62% upside from current levels. In a report released on October 27, Morgan Stanley also maintained a Buy rating on the stock with a $109.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
TW market cap is currently $10.19B and has a P/E ratio of 51.67.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Tradeweb Markets (TW) Company Description:
Tradeweb Markets, Inc. engages in the operation of electronic marketplaces for the trading of products across the rates, credit, money markets, and equities asset classes. It also provides related pre-trade pricing and post-trade processing services. Its network is comprised of clients across the institutional, wholesale, and retail client sectors, including global asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading firms and retail brokerage and financial advisory firms, as well as regional dealers. The company was founded by Lee Olesky in 1996 and is headquartered in New York, NY.
Read More on TW:
- Tradeweb Markets price target raised to $104 from $95 at Barclays
- Tradeweb Markets reports Q3 EPS 55c, consensus 55c
- Tradeweb Markets announces new market data licensing pact with LSEG
- Tradeweb Markets, FTSE Russell announce strategic partnership
- Tradeweb Markets price target raised to $91 from $88 at JPMorgan
