In a report released yesterday, Andrew Bond from Rosenblatt Securities reiterated a Sell rating on CME Group (CME – Research Report), with a price target of $161.00. The company’s shares closed yesterday at $182.13.
According to TipRanks, Bond is an analyst with an average return of -7.3% and a 30.00% success rate. Bond covers the Financial sector, focusing on stocks such as CME Group, Marketaxess Holdings, and Tradeweb Markets.
CME Group has an analyst consensus of Hold, with a price target consensus of $206.33.
The company has a one-year high of $253.23 and a one-year low of $175.08. Currently, CME Group has an average volume of 1.34M.
Based on the recent corporate insider activity of 147 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CME in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
CME Group Inc., formerly known as Chicago Mercantile Exchange Holdings Inc, is the world’s leading derivatives marketplace, with it offering a wide range of futures and options products for risk management. These include equity indexes, interest rates, agricultural commodities, foreign exchange, energy, and metals. The company also offers clearing and settlement services for exchange-traded contracts, as well as for cleared over-the-counter derivatives transactions. It also provides a wide range of market data services such as live quotes, delayed quotes, historical data service and market reports.
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