Raymond James Sticks to Its Hold Rating for Cboe Global Markets (CBOE)

In a report released yesterday, Patrick O’Shaughnessy from Raymond James maintained a Hold rating on Cboe Global Markets (CBOEResearch Report). The company’s shares closed last Wednesday at $100.26.

According to TipRanks.com, O’Shaughnessy is a 5-star analyst with an average return of 11.5% and a 69.5% success rate. O’Shaughnessy covers the Financial sector, focusing on stocks such as AssetMark Financial Holdings, Intercontinental Exchange, and Focus Financial Partners.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cboe Global Markets with a $110.25 average price target.

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The company has a one-year high of $107.12 and a one-year low of $77.63. Currently, Cboe Global Markets has an average volume of 739.2K.

Based on the recent corporate insider activity of 42 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 CBOE in relation to earlier this year.

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Cboe Global Markets, Inc. engages in the provision of trading and investment solutions to investors. It operates through the following business segments: Options, U.S. Equities, Futures, European Equities, and Global FX. The Options segment includes options exchange business, which lists for trading options on market indexes (index options), as well as on non-exclusive multiply-listed options. The U.S. Equities segment covers listed cash equities and ETP transaction services that occur on BZX, BYX, EDGX, and EDGA. The Futures comprises the the business of futures exchange, CFE, which includes offering for trading futures on the VIX Index and bitcoin and other futures products. The European Equities segment relates to the pan-European listed cash equities transaction services, ETPs, exchange-traded commodities, and international depository receipts that occur on the RIE, operated by Cboe Europe Equities. The Global FX segment represents the institutional FX trading services that occur on the Cboe FX platform. The company was founded on 1973 and is headquartered in Chicago, IL.