Credit Suisse began coverage on shares of NASDAQ OMX Group (NASDAQ:NDAQ) in a report released on Tuesday, Analyst Ratings.Net reports. The firm issued a neutral rating on the stock.
NASDAQ OMX Group (NASDAQ:NDAQ) traded down 0.23% during mid-day trading on Tuesday, hitting $38.80. The stock had a trading volume of 302,994 shares. NASDAQ OMX Group has a 52-week low of $23.40 and a 52-week high of $40.64. The stock’s 50-day moving average is $37.17 and its 200-day moving average is $33.48. The company has a market cap of $6.502 billion and a price-to-earnings ratio of 20.05.
NASDAQ OMX Group (NASDAQ:NDAQ) last announced its earnings results on Wednesday, October 23rd. The company reported $0.66 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $0.04. The company had revenue of $506.00 million for the quarter, compared to the consensus estimate of $502.62 million. During the same quarter last year, the company posted $0.62 earnings per share. NASDAQ OMX Group’s revenue was up 22.8% compared to the same quarter last year. On average, analysts predict that NASDAQ OMX Group will post $2.58 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a neutral rating on shares of NASDAQ OMX Group in a research note to investors on Thursday, December 5th. They now have a $42.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a neutral rating on shares of NASDAQ OMX Group in a research note to investors on Wednesday, November 27th. They now have a $40.00 price target on the stock, up previously from $34.00. Finally, analysts at Jefferies Group raised their price target on shares of NASDAQ OMX Group from $32.00 to $35.00 in a research note to investors on Tuesday, November 12th. They now have a hold rating on the stock. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $35.94.
The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.
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