Analyst Rating Update on CBOE Holdings (CBOE)

CBOE Holdings (NASDAQ:CBOE) : 12 analysts are covering CBOE Holdings (NASDAQ:CBOE) and their average rating on the stock is 3.33, which is read as a Hold. CBOE Holdings (NASDAQ:CBOE) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 4, which recommends a Sell affirms that they expect a large upside in the stock from the current levels. However, 2 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 8 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

CBOE Holdings (NASDAQ:CBOE) : The highest level CBOE Holdings (NASDAQ:CBOE) is projected to reach is $82 for the short term and the lowest estimate is at $51. The consolidated price target from 10 rating analysts who initiate coverage on the stock is $64.3 and the possibility the share price can swing is $8.06.

Company shares have received an average consensus rating of Hold for the current week

CBOE Holdings (NASDAQ:CBOE): stock turned positive on Tuesday. Though the stock opened at $63.79, the bulls momentum made the stock top out at $64.09 level for the day. The stock recorded a low of $63.28 and closed the trading day at $63.91, in the green by 0.55%. The total traded volume for the day was 671,969. The stock had closed at $63.56 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that OConnell Gerald T, officer (Executive VP and CIO) of Cboe Holdings, Inc., had unloaded 14,909 shares at an average price of $65 in a transaction dated on June 14, 2016. The total value of the transaction was worth $969,085.

CBOE Holdings, Inc., is a holding company. The Companys principal business is operating markets that offer for trading options on various market indexes (index options), on an exclusive basis and futures contracts, as well as on non-exclusive multiply listed options, such as options on the stocks of individual corporations (equity options) and options on other exchange-traded products (ETP options), such as exchange-traded funds (ETF options) and exchange-traded notes (ETN options). The Company operates three stand-alone exchanges. CBOE is the Companys options market and offers trading in listed options through a single system that integrates electronic trading and open outcry trading. The options contracts listed for trading include options on indexes, equities and ETPs.

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