Deutsche Bank Maintains CME Group Inc to Buy with Price Target $112.00

Brokerage firm Deutsche Bank Maintains its rating on CME Group Inc(NASDAQ:CME). In a research note issued to the investors, the brokerage major Raises the price-target to $112.00 per share. The shares have been rated Buy. The rating by Deutsche Bank was issued on Aug 5, 2016.

In a different note, On Jul 29, 2016, JP Morgan said it Maintains its rating on CME Group Inc. In the research note, the firm Raises the price-target to $99.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jul 29, 2016, Barclays said it Maintains its rating on CME Group Inc. In the research note, the firm Raises the price-target to $99.00 per share. The shares have been rated ‘Equal-weight’ by the firm. On Jul 29, 2016, UBS said it Maintains its rating on CME Group Inc. In the research note, the firm Raises the price-target to $104.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 29, 2016, Deutsche Bank said it Maintains its rating on CME Group Inc. In the research note, the firm Raises the price-target to $110.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 29, 2016, Keefe Bruyette & Woods said it Maintains its rating on CME Group Inc. In the research note, the firm Raises the price-target to $99.00 per share. The shares have been rated ‘Market Perform’ by the firm. On Jul 14, 2016, CLSA said it Maintains its rating on CME Group Inc. In the research note, the firm Raises the price-target to $95.00 per share. The shares have been rated ‘Underperform’ by the firm.

CME Group Inc (CME) made into the market gainers list on Wednesdays trading session with the shares advancing 1.76% or 1.83 points. Due to strong positive momentum, the stock ended at $105.81, which is also near the day’s high of $105.82. The stock began the session at $103.98 and the volume stood at 12,12,451 shares. The 52-week high of the shares is $105.82 and the 52 week low is $81.87. The company has a current market capitalization of $35,854 M and it has 33,88,55,120 shares in outstanding.

CME Group Inc has also declared a cash dividend of $0.6000 on Aug 3, 2016. The shares will quote ex-dividend on Sep 7, 2016 and the record date has been fixed on Sep 9, 2016. The dividend payable date has been fixed on Sep 26, 2016.

CME Group Inc(CME) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $906.40M. Analysts had an estimated revenue of $912.29M. Earnings per share were $1.14. Analysts had estimated an EPS of $1.11.

Several Insider Transactions has been reported to the SEC. On Aug 3, 2016, Derek Sammann (Sr MD Gl Hd Comm &Options Prod) sold 3,550 shares at $103.20 per share price.Also, On Aug 2, 2016, Kimberly S Taylor (Sr MD Pres Gl Ops Tech & Risk) sold 2,300 shares at $102.58 per share price.On Aug 2, 2016, Dennis Suskind (director) sold 1,000 shares at $102.79 per share price, according to the Form-4 filing with the securities and exchange commission.

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.

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