In a report released yesterday, Kyle Voigt from KBW maintained a Hold rating on CME Group (CME – Research Report), with a price target of $226.00. The company’s shares closed yesterday at $212.59.
Voigt covers the Financial sector, focusing on stocks such as Charles Schwab, Nasdaq, and CME Group. According to TipRanks, Voigt has an average return of 5.0% and a 67.35% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for CME Group with a $221.67 average price target, which is a 4.27% upside from current levels. In a report released on April 16, J.P. Morgan also maintained a Hold rating on the stock with a $198.00 price target.
CME market cap is currently $78.04B and has a P/E ratio of 24.46.
Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is neutral on the stock.
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.
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.
