Analyst Rating Update on CME Group (CME)

CME Group (NASDAQ:CME) : 5 brokerage houses believe that CME Group (NASDAQ:CME) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on CME Group (NASDAQ:CME). Zacks Investment Research suggests a Sell with a rank of 4. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Buy with a rating of 2.42.

CME Group (NASDAQ:CME) : The highest level CME Group (NASDAQ:CME) is projected to reach is $110 for the short term and the lowest estimate is at $86. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $98.33 and the possibility the share price can swing is $7.47.

Company shares have received an average consensus rating of Hold for the current week Also, Sterne Agee CRT initiates coverage on CME Group (NASDAQ:CME). The shares have now been rated Neutral by the stock experts at the ratings house. Sterne Agee CRT announces the current price target of $90 per share on CME Group . The rating by the firm was issued on May 20, 2016.

CME Group (NASDAQ:CME): stock turned positive on Tuesday. Though the stock opened at $93.2, the bulls momentum made the stock top out at $94.24 level for the day. The stock recorded a low of $92.29 and closed the trading day at $94.22, in the green by 1.34%. The total traded volume for the day was 1,687,402. The stock had closed at $92.97 in the previous days trading.

In an insider trading activity,The officer (Sr MD Chief InformationOfficer) of Cme Group Inc., Kometer Kevin sold 3,825 shares at $95.5 on June 13, 2016. The Insider selling transaction had a total value worth of $365,288. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

CME Group 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.

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