Deutsche Bank analyst Brian Bedell maintains $Cboe Global Markets (CBOE.US)$ with a buy rating, and adjusts the target price from $222 to $224.
According to TipRanks data, the analyst has a success rate of 57.3% and a total average return of 13.1% 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:
The majority of the sector, which includes brokers, asset managers, and exchanges, is positioned favorably for 2025, potentially marking a third consecutive year of over 20% total returns in U.S. equity markets. Several widely acknowledged drivers are likely to influence this outlook, including an expected increase in capital markets activity, a possible reduction in regulations fostering product innovation and capital utilization, and potentially reduced taxation for both individuals and corporations.
Analysts observe that alternative asset managers continue to encounter significant secular growth opportunities, particularly in the retail and wealth sectors which are deemed most promising. Conversely, the exchange sector is viewed as less attractive in positive markets, typically experiencing slower growth compared to more asset-sensitive financial sectors like asset managers and some brokers. Additionally, while energy exchange businesses may benefit from certain policies, growth prospects in other asset classes appear less encouraging. The brokers sector is highlighted as particularly favorable for the outset of 2025, driven by resilient short-term rates boosting margin lending and other high-margin operations, alongside a profitable retail customer base, potentially prolonging an active trading period for retail investors.
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.
