CME Group Inc. which can be found using ticker (CME) have now 14 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 250 and 160 suggesting an average Analsyt target price of $204.79. Given that the stocks previous close was at $184.78 and the analysts are correct then we can expect a percentage increase in value of 10.8%. It’s also worth noting that there is a 50 day moving average of $180.74 while the 200 day moving average is $186.06. The company has a market capitalization of $66,404m. You can visit the company’s website by visiting: https://www.cmegroup.com
The potential market cap would be $73,595m based on the market consensus.
CME Group Inc., together with its subsidiaries, operates contract markets for the trading of futures and options on futures contracts worldwide. It offers futures and options products based on interest rates, equity indexes, foreign exchange, agricultural commodities, energy, and metals, as well as fixed income and foreign currency trading services. The company also provides clearing house services, including clearing, settling, and guaranteeing futures and options contracts, and cleared swaps products traded through its exchanges; and trade processing and risk mitigation services. In addition, the company offers a range of market data services, including real-time and historical data services. It serves professional traders, financial institutions, institutional and individual investors, corporations, manufacturers, producers, governments, and central banks. The company was formerly known as Chicago Mercantile Exchange Holdings Inc. and changed its name to CME Group Inc. in July 2007. CME Group Inc. was founded in 1898 and is headquartered in Chicago, Illinois.
The company has a dividend yield of 2.37% with the ex dividend date set at 9-3-2023 (DMY).
Other points of data to note are a P/E ratio of 24.79, revenue per share of 13.96 and a 1.01% return on assets.
