CME Group Inc. found using ticker (CME) have now 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 270 and 168 with the average target price sitting at 226. Given that the stocks previous close was at 199.48 this now indicates there is a potential upside of 13.3%. The 50 day MA is 201.81 while the 200 day moving average is 221.25. The company has a market cap of $70,357m. Visit the company website at: https://www.cmegroup.com
The potential market cap would be $79,710m based on the market concensus.
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 products. 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.
