CME Group Inc. found using ticker (CME) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 280 and 190 with a mean TP of 253.13. Given that the stocks previous close was at 239.41 this is indicating there is a potential upside of 5.7%. There is a 50 day moving average of 231.1 while the 200 day moving average is 216.07. The company has a market capitalisation of $85,009m. You can visit the company’s website by visiting: https://www.cmegroup.com
The potential market cap would be $89,880m 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.
