Piper Sandler analyst Patrick Moley has maintained a "Neutral" rating on MarketAxess Holdings (MKTX, Financial), while lowering the price target from $213.00 to $202.00. This represents a price target change of -5.16%.
Patrick Moley, known for his expertise and accurate market predictions, released this updated analysis on May 8, 2025. The adjustment reflects the current and anticipated market conditions affecting MarketAxess Holdings (MKTX, Financial) in the financial sector.
The decision to maintain a "Neutral" rating indicates that Piper Sandler does not foresee significant upside or downside potential for MarketAxess Holdings (MKTX, Financial) in the immediate future, despite the recent adjustment in price target.
Investors keeping track of MarketAxess Holdings (MKTX, Financial) may find these updates crucial as they navigate their investment strategies moving forward. The updated price target is now set at $202.00, down from the previous target of $213.00.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for MarketAxess Holdings Inc (MKTX, Financial) is $232.73 with a high estimate of $295.00 and a low estimate of $185.00. The average target implies an upside of 2.14% from the current price of $227.85. More detailed estimate data can be found on the MarketAxess Holdings Inc (MKTX) Forecast page.
Based on the consensus recommendation from 14 brokerage firms, MarketAxess Holdings Inc's (MKTX, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MarketAxess Holdings Inc (MKTX, Financial) in one year is $318.50, suggesting a upside of 39.78% from the current price of $227.85. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MarketAxess Holdings Inc (MKTX) Summary page.
