CBOE Holdings, Given New $38.00 Price Target at KBW (CBOE)

Research analysts at KBW upped their target price on shares of CBOE Holdings, (NASDAQ: CBOE) from $32.00 to $38.00 in a report released on Wednesday. The firm currently has a “market perform” rating on the stock.

CBOE Holdings, traded down 0.44% on Wednesday, hitting $35.86. CBOE Holdings, has a 52-week low of $24.56 and a 52-week high of $36.19. The stock’s 50-day moving average is currently $34.44. The company has a market cap of $3.130 billion and a price-to-earnings ratio of 20.29.

CBOE Holdings, last posted its quarterly earnings results on Friday, February 8th. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.41 by $0.04. The company had revenue of $130.10 million for the quarter, compared to the consensus estimate of $124.72 million. During the same quarter in the prior year, the company posted $0.37 earnings per share. The company’s quarterly revenue was up 8.2% on a year-over-year basis. Analysts expect that CBOE Holdings, will post $1.84 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse raised their price target on shares of CBOE Holdings, from $28.00 to $29.00 in a research note to investors on Monday. Separately, analysts at Bank of America initiated coverage on shares of CBOE Holdings, in a research note to investors on Tuesday, February 26th. They set a “neutral” rating and a $36.00 price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of CBOE Holdings, in a research note to investors on Monday, February 11th. They now have a $35.00 price target on the stock, up previously from $28.00.

The company also recently announced a quarterly dividend, which is scheduled for Friday, March 22nd. Investors of record on Friday, March 1st will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.67%. The ex-dividend date is Wednesday, February 27th.

CBOE Holdings, Inc. is engaged in the operation of markets for the execution of transactions in exchange-traded options.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.



Latest News

Unemployment Claims Drop as Consumer Comfort Increases
Unemployment Claims Drop as Consumer Comfort Increases
Senate Confirms first Indian American to Court of Appeals
Senate Confirms first Indian American to Court of Appeals
Apple Tax Scandal can Lead to the Scrapping of Corporate Tax
Apple Tax Scandal can Lead to the Scrapping of Corporate Tax
Military Charges Soldier for Filming Female Cadets
Military Charges Soldier for Filming Female Cadets
Herbalife Employs PwC as Auditor
Herbalife Employs PwC as Auditor
Drug Resistant TB Bacteria Killed by Vitamin C
Drug Resistant TB Bacteria Killed by Vitamin C


Leave a Reply

 
© 2010-2013 Zolmax.com, LLC.
Subscribe Subscribe