Deutsche Bank Maintains Nasdaq Inc to Buy with Price Target $75.00

Brokerage firm Deutsche Bank Maintains its rating on Nasdaq Inc(NASDAQ:NDAQ). In a research note issued to the investors, the brokerage major Raises the price-target to $75.00 per share. The shares have been rated Buy. The rating by Deutsche Bank was issued on Jul 28, 2016.

In a different note, On Jul 7, 2016, Barclays said it Maintains its rating on Nasdaq Inc. In the research note, the firm Lowers the price-target to $74.00 per share. The shares have been rated ‘Overweight’ by the firm. Sterne Agee CRT said it Initiates Coverage on Nasdaq Inc, according to a research note issued on May 20, 2016. The shares have been rated ‘Buy’ by the firm.

Nasdaq Inc (NDAQ) shares turned negative on Thursdays trading session with the shares closing down -0.1 points or -0.14% at a volume of 10,28,597. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $71.88. The peak price level was also seen at $71.88 while the days lowest was $71.15. Finally the shares closed at $71.43. The 52-week high of the shares is $71.88 while the 52-week low is $47.95. According to the latest information available, the market cap of the company is $11,751 M.

Nasdaq Inc has also declared a cash dividend of $0.3200 on Jul 27, 2016. The shares will quote ex-dividend on Sep 14, 2016 and the record date has been fixed on Sep 16, 2016. The dividend payable date has been fixed on Sep 30, 2016.

Nasdaq Inc(NDAQ) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $559.00M. Analysts had an estimated revenue of $547.66M. Earnings per share were $0.91. Analysts had estimated an EPS of $0.88.

Several Insider Transactions has been reported to the SEC. On Jul 15, 2016, Thomas A Wittman (Executive Vice President) sold 24,893 shares at $67.08 per share price.Also, On Jun 15, 2016, Robert Greifeld (CEO) sold 58,511 shares at $65.31 per share price.On Jun 3, 2016, Lars Wedenborn (director) sold 7,677 shares at $65.50 per share price, according to the Form-4 filing with the securities and exchange commission.

Nasdaq Inc (Nasdaq) formerly The NASDAQ OMX Group Inc. is a holding company. The Company is a provider of trading clearing exchange technology regulatory securities listing information and public company services across six continents. The Company manages operates and provides its products and services in four segments: Market Services Listing Services Information Services and Technology Solutions. The Company’s Market Services segment includes its equity derivative trading and clearing cash equity trading fixed income currency and commodities trading and clearing and access and broker services businesses. The Company operates a range of listing platforms around the world to provide multiple global capital raising solutions for private and public companies. Its Information Services segment includes its Data Products and its Index Licensing and Services businesses. Its Technology Solutions segment includes its Corporate Solutions and Market Technology businesses.

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