Short Term Rating on CME Group (CME)

CME Group (CME) : 12 analysts are covering CME Group (CME) and their average rating on the stock is 2.42, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 5 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

CME Group (CME) : Average target price received by CME Group (CME) is $98.33 with an expected standard deviation of $7.47. The most aggressive target on the stock is $110, whereas the most downbeat target is $86. 9 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy.


CME Group (NASDAQ:CME): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $100.00 and $99.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $100.22. The buying momentum continued till the end and the stock did not give up its gains. It closed at $99.76, notching a gain of 0.40% for the day. The total traded volume was 1,273,098 . The stock had closed at $99.36 on the previous day.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.