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A Quick Look at Today's Ratings for CME Group(CME.US), With a Forecast Between $181 to $258

Futu News ·  Oct 24 21:00  · Ratings

On Oct 24, major Wall Street analysts update their ratings for $CME Group (CME.US)$, with price targets ranging from $181 to $258.

BofA Securities analyst Craig Siegenthaler maintains with a sell rating, and adjusts the target price from $180 to $181.

Citi analyst Christopher Allen maintains with a buy rating, and adjusts the target price from $250 to $255.

Barclays analyst Benjamin Budish maintains with a hold rating, and adjusts the target price from $209 to $231.

Oppenheimer analyst Owen Lau maintains with a buy rating, and adjusts the target price from $245 to $258.

RBC Capital analyst Ashish Sabadra maintains with a hold rating, and maintains the target price at $235.

Furthermore, according to the comprehensive report, the opinions of $CME Group (CME.US)$'s main analysts recently are as follows:

  • The company experienced an 'exceptional quarter.' Although the stock reaction was subdued due to already lofty expectations and the absence of updates on the capital return strategy, the additional details provided during the earnings call were seen as clear positives. The risk/reward profile for the company remains favorable.

  • Following the Q3 report, it's noted that management expressed optimism regarding the expansion in the retail sector, and placed emphasis on the significant growth originating from international markets.

  • CME Group reported a record quarter, with Q3 adjusted earnings per share surpassing both the anticipated figures and the consensus estimates. The heightened uncertainty surrounding the U.S. election and the global political climate has spurred a greater need for risk management solutions, serving as a positive influence for CME's business.

Here are the latest investment ratings and price targets for $CME Group (CME.US)$ from 5 analysts:

StockTodayLatestRating_nn_205196_20241024_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

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.

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