CME Group (NASDAQ:CME) shares are expected to touch $98.33 in the short term. This short term price target has been shared by 9 analysts. However, the standard deviation of short term price estimate has been valued at 7.47. The target price could hit $110 on the higher end and $86 on the lower end.
Many analysts have stated their opinion on the company shares. Sterne Agee CRT initiates coverage on CME Group (NASDAQ:CME) The current rating of the shares is Neutral. Equity Analysts at the Firm announces the price target to $90 per share. The rating by the firm was issued on May 20, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, Zagotta Robert, officer (Sr MD Strategy & Execution) of Cme Group Inc., unloaded 5,458 shares at an average price of $96.77 on June 3, 2016. The total amount of the transaction was worth $528,171, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
CME Group (NASDAQ:CME) : On Monday heightened volatility was witnessed in CME Group (NASDAQ:CME) which led to swings in the share price. The stock opened for trading at $94.95 and hit $95.82 on the upside , eventually ending the session at $95.26, with a gain of 0.03% or 0.03 points. The heightened volatility saw the trading volume jump to 1,162,650 shares. The 52-week high of the share price is $100.87 and the company has a market cap of $32,259 million. The 52-week low of the share price is at $81.87 .
CME Group Inc.is the holding company for Chicago Mercantile Exchange Inc., CBOT, New York Mercantile Exchange, Inc. (NYMEX), Commodity Exchange, Inc. (COMEX) and their respective subsidiaries, as well as CME Clearing Europe Limited (CMECE) and CME Europe Limited (CME Europe). The Company also clear futures, options on futures and swaps contracts through its two clearing organizations: CME Clearing, which is a division of CME, and CMECE. The Company offers its customers the opportunity to trade futures contracts and options on futures contracts on a range of products, including those -based on interest rates, equities, foreign exchange, agricultural commodities, energy and metals. It also clear swaps contracts on a range of products, including those -based on interest rates, credit default, foreign exchange, agricultural commodities, energy and metals. Its exchange consists of designated contract markets for the trading of futures and options on futures contracts.