RBC Capital analyst Ashish Sabadra maintains $CME Group (CME.US)$ with a hold rating, and maintains the target price at $235.
According to TipRanks data, the analyst has a success rate of 61.6% and a total average return of 6.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $CME Group (CME.US)$'s main analysts recently are as follows:
The firm is adjusting its estimates and targets for the exchanges to reflect recent intra-quarter data, as indicated in a Q3 preview note shared with investors.
The company's trading activity in the third quarter was described as 'remained robust.' It is believed that the volume outlook continues to be solid and the company is well positioned to take advantage of this given its diverse asset portfolio and the depth of liquidity offered on its platform.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
