CME Group Inc. found using ticker (CME) now have 16 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 267 and 190 with a mean TP of 235.44. Now with the previous closing price of 223.73 this indicates there is a potential upside of 5.2%. The day 50 moving average is 225.63 and the 200 moving average now moves to 211.97. The market capitalisation for the company is $80,214m. You can visit the company’s website by visiting: https://www.cmegroup.com
The potential market cap would be $84,413m 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 through its electronic trading platforms, open outcry, and privately negotiated transactions. The company also provides clearing for exchange-traded contracts and cleared swaps, as well as settlement services; and transaction lifecycle management services, such as trade and portfolio management, financial resource optimization, regulatory reporting, and trade processing. 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 has strategic partnership with B3 S.A. to develop risk management products for Brazilian domestic and international market participants. 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.
