The NASDAQ OMX Group (NASDAQ:NDAQ) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 13 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Sterne Agee CRT initiates coverage on The NASDAQ OMX Group (NASDAQ:NDAQ). Sterne Agee CRT has a Buy rating on the shares. As per the latest report, the brokerage house announces the price target to $76 per share. The rating by the firm was issued on May 20, 2016.
The NASDAQ OMX Group (NASDAQ:NDAQ) shares are expected to touch $70.55 in the short term. This short term price target has been shared by 11 analysts. However, the standard deviation of short term price estimate has been valued at 5.22. The target price could hit $76 on the higher end and $58 on the lower end.
The NASDAQ OMX Group (NASDAQ:NDAQ) witnessed a decline in the market cap on Tuesday as its shares dropped 0.19% or 0.12 points. After the session commenced at $62.96, the stock reached the higher end at $63.35 while it hit a low of $62.92. With the volume soaring to 986,130 shares, the last trade was called at $62.97. The company has a 52-week high of $67.605. The company has a market cap of $10,359 million and there are 164,514,660 shares in outstanding. The 52-week low of the share price is $47.81.
Nasdaq, Inc. has lost 2.96% in the last five trading days and dropped 0.53% in the last 4 weeks. Nasdaq, Inc. has dropped 3.27% during the last 3-month period . Year-to-Date the stock performance stands at 9.21%.
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.