Oppenheimer analyst Owen Lau maintains $CME Group (CME.US)$ with a buy rating, and adjusts the target price from $245 to $258.
According to TipRanks data, the analyst has a success rate of 73.2% and a total average return of 11.2% 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 company delivered an exceptional quarter, according to an analyst. Despite the stock's subdued reaction, which was likely due to high expectations and absence of new information on the capital return strategy, the insights provided during the earnings call were seen as clear positive factors. The risk/reward proposition for the company continues to be favored.
Following the Q3 report, it was noted that the management of CME Group expressed optimism regarding the expansion potential in the retail sector, with a particular emphasis on the accelerated growth coming from international markets.
CME Group achieved another record-setting quarter, with Q3 adjusted EPS surpassing both the anticipated and consensus figures. The uncertainty surrounding the U.S. election and the geopolitical climate has escalated the need for risk management solutions, which serves as a catalyst for CME's momentum.
Note:
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