The NASDAQ OMX Group (NDAQ) : 4 brokerage houses believe that The NASDAQ OMX Group (NDAQ) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on The NASDAQ OMX Group (NDAQ). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
The NASDAQ OMX Group (NDAQ) : The most positive equity analysts on The NASDAQ OMX Group (NDAQ) expects the shares to touch $79, whereas, the least positive believes that the stock will trade at $68 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $74.8 with an expected fluctuation of $3.52 from the mean.
Also, Major Brokerage house, Deutsche Bank maintains its ratings on The NASDAQ OMX Group (NASDAQ:NDAQ). In the latest research report, Deutsche Bank raises the target price from $76 per share to $77 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on September 9, 2016.
The NASDAQ OMX Group (NASDAQ:NDAQ): After opening at $68.68, the stock dipped to an intraday low of $68.68 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $69.64 and the buying power remained strong till the end. The stock closed at $69.52 for the day, a gain of 1.21% for the day session. The total traded volume was 606,409. The stocks close on the previous trading day was $68.69.
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.