Analyst Rating Update on The NASDAQ OMX Group (NDAQ)

The NASDAQ OMX Group (NASDAQ:NDAQ) : 13 analysts are covering The NASDAQ OMX Group (NASDAQ:NDAQ) and their average rating on the stock is 2, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. The NASDAQ OMX Group (NASDAQ:NDAQ) also receives 3 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. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

The NASDAQ OMX Group (NASDAQ:NDAQ) : 11 investment research analysts covering The NASDAQ OMX Group (NASDAQ:NDAQ) have an average price target of $70.55 for the near short term. The highest target price given by the Brokerage Firm to the stock is $76 and the lowest target is $58 for the short term. Analysts expect the variance to be within $5.22 of the average price.

For the current week, the company shares have a recommendation consensus of Buy. Also, Sterne Agee CRT initiates coverage on The NASDAQ OMX Group (NASDAQ:NDAQ). In the latest research report, Sterne Agee CRT announces the target price to $76 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on May 20, 2016.

The NASDAQ OMX Group (NASDAQ:NDAQ): stock turned positive on Tuesday. Though the stock opened at $61.75, the bulls momentum made the stock top out at $62.66 level for the day. The stock recorded a low of $61.43 and closed the trading day at $62.6, in the green by 1.90%. The total traded volume for the day was 989,511. The stock had closed at $61.43 in the previous days trading.

In an insider trading activity, The director officer (CEO), of Nasdaq, Inc., Greifeld Robert had unloaded 58,511 shares at $65.31 per share in a transaction on June 13, 2016. The total value of transaction was $3,821,353. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Nasdaq Inc (Nasdaq), formerly The NASDAQ OMX Group, Inc., is a holding company. The Company is a provider of trading, clearing, exchange technology, regulatory, securities listing, information and public company services across six continents. The Company manages, operates and provides its products and services in four segments: Market Services, Listing Services, Information Services and Technology Solutions. The Companys Market Services segment includes its equity derivative trading and clearing, cash equity trading, fixed income, currency and commodities trading and clearing, and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.

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