Summary:
- Cboe Global Markets (CBOE, Financial) reports a 0.2% decrease in multiply-listed options ADV for March, with a notable 28% increase year-over-year.
- Wall Street analysts set a one-year average price target of $216.50, indicating a 4.12% downside from current prices.
- GuruFocus estimates suggest significant downside potential based on the GF Value metric.
Cboe Global Markets' March Trading Activity
Cboe Global Markets (CBOE) recently reported a slight 0.2% decrease in its multiply-listed options average daily volume (ADV) for March, achieving 13.5 million contracts. Despite this minor decline, the figure reflects a substantial 28% increase compared to the previous year. This growth was primarily driven by robust trading activity in Europe, which offset the more subdued performance in the U.S. and Canada.
Wall Street Analysts' Forecast and Price Targets
The consensus from 14 analysts presents an average one-year price target for Cboe Global Markets Inc (CBOE, Financial) at $216.50, with projections ranging from a low of $190.00 to a high of $260.00. This suggests a potential 4.12% downside from the current trading price of $225.80. For a deeper dive into analysts' estimates, visit the Cboe Global Markets Inc (CBOE) Forecast page.
Furthermore, the consensus from 19 brokerage firms rates Cboe Global Markets Inc (CBOE, Financial) at an average recommendation of 2.7, denoting a "Hold" status. This rating system ranges from 1, representing a Strong Buy, to 5, indicating a Sell.
Evaluating Cboe Global Markets with GuruFocus Metrics
According to GuruFocus, the estimated GF Value of Cboe Global Markets Inc (CBOE, Financial) stands at $86.04, implying a considerable downside of 61.9% from the current price of $225.8. The GF Value is derived from historical trading multiples, past business growth, and projected future performance. For more comprehensive insights, refer to the Cboe Global Markets Inc (CBOE) Summary page.
