Bats Global Markets Inc (BATS) Rating Lowered to Market Perform at Keefe, Bruyette & Woods

Bats Global Markets Inc (OTC:BATS) was downgraded by research analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a report issued on Monday, reports.

Several other research firms have also weighed in on BATS. Raymond James Financial Inc. raised Bats Global Markets from an “underperform” rating to a “market perform” rating in a research note on Thursday, August 25th. Royal Bank Of Canada began coverage on Bats Global Markets in a research note on Tuesday, June 21st. They set an “underperform” rating for the company. Eleven investment analysts have rated the stock with a hold rating, The stock currently has an average rating of “Hold” and an average price target of $4,600.00.

Shares of Bats Global Markets (OTC:BATS) opened at 30.28 on Monday. Bats Global Markets has a 12 month low of $19.00 and a 12 month high of $30.61. The stock has a 50 day moving average price of $25.07 and a 200 day moving average price of $25.36.

About Bats Global Markets

BATS Global Markets, Inc (BATS) is an operator of exchanges and provider of services for financial markets. The Company facilitates securities trading and exchange traded products (ETP) listings for the United States and European equity securities and operates a United States options exchange. BATS serves the foreign exchange (FX) market, operating Hotspot, an institutional spot foreign exchange market.

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