Barclays analyst Benjamin Budish maintained a Hold rating on Marketaxess Holdings (MKTX – Research Report) yesterday and set a price target of $239.00. The company’s shares closed yesterday at $213.92.
Budish covers the Financial sector, focusing on stocks such as Coinbase Global, Charles Schwab, and Blackstone Group. According to TipRanks, Budish has an average return of 11.2% and a 70.54% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Marketaxess Holdings with a $259.44 average price target.
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The company has a one-year high of $395.16 and a one-year low of $198.70. Currently, Marketaxess Holdings has an average volume of 412.9K.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MKTX in relation to earlier this year.
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Marketaxess Holdings (MKTX) Company Description:
MarketAxess Holdings, Inc. operates as an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. It also provides data and analytical tools that help its clients to make trading decisions and facilitate the trading process by electronically communicating order information between trading counterparties. The firm’s patented trading technology allows institutional investor clients to request competitive, executable bids, or offers from multiple broker dealers simultaneously and to execute trades with the broker dealer of their choice. The company was founded by Richard M. Mcvey on April 11, 2000 and is headquartered in New York, NY.
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