Barclays analyst Benjamin Budish maintains $Cboe Global Markets (CBOE.US)$ with a buy rating, and maintains the target price at $230.
According to TipRanks data, the analyst has a success rate of 76.2% and a total average return of 15.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Cboe Global Markets (CBOE.US)$'s main analysts recently are as follows:
Following the Q3 report, the company witnessed an earnings beat with net revenue slightly surpassing expectations, although this was somewhat offset by expenditures that were higher than anticipated.
Following solid Q3 results, it was observed that there were no significant issues, and there was an increase in organic total net revenue guidance. Despite this, the company's stock experienced a slight decline. It is believed that the market's reaction is due to the perception that heightened investments by the company may result in reduced margins and weaker volume in October. However, this perspective is not viewed with considerable worry, and the recent dip in stock price is seen as an opportunity to buy.
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.
