The NASDAQ OMX Group (NDAQ) has an average broker rating of 2, which is interpreted as a Buy, as rated by 13 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
The NASDAQ OMX Group (NDAQ) stock is expected to deviate a maximum of $3.43 from the average target price of $74.82 for the short term period. 11 Street Experts have initiated coverage on the stock with the most promising target being $80 and the most muted being $68.
For the current week, the company shares have a recommendation consensus of Buy. The NASDAQ OMX Group (NASDAQ:NDAQ): The stock opened at $70.67 on Thursday but the bulls could not build on the opening and the stock topped out at $70.99 for the day. The stock traded down to $69.63 during the day, due to lack of any buying support eventually closed down at $70.03 with a loss of -0.41% for the day. The stock had closed at $70.32 on the previous day. The total traded volume was 1,152,412 shares.
In a related news, The Securities and Exchange Commission has divulged that Wittman Thomas A, officer (Executive Vice President) of Nasdaq, Inc., had unloaded 24,893 shares at an average price of $67.08 in a transaction dated on July 13, 2016. The total value of the transaction was worth $1,669,822.
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 Companys 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.