CME Group Inc. with ticker code (CME) now have 14 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 270 and 168 and has a mean target at 221.14. Now with the previous closing price of 202.07 this now indicates there is a potential upside of 9.4%. There is a 50 day moving average of 203.11 while the 200 day moving average is 220.13. The market capitalisation for the company is $71,776m. Company Website: https://www.cmegroup.com
The potential market cap would be $78,549m 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.
