NASDAQ OMX Group Receives “Overweight” Rating from Barclays (NDAQ)

Share on StockTwits

NASDAQ OMX Group (NASDAQ:NDAQ)‘s stock had its “overweight” rating reiterated by research analysts at Barclays in a report released on Friday. They currently have a $43.00 price objective on the stock, down from their previous price objective of $45.00. Barclays’ target price would suggest a potential upside of 14.00% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse upgraded shares of NASDAQ OMX Group from a “neutral” rating to an “outperform” rating in a research note on Friday, May 16th. They now have a $42.00 price target on the stock, up previously from $40.00. One analyst has rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. NASDAQ OMX Group has a consensus rating of “Buy” and an average price target of $38.33.

NASDAQ OMX Group (NASDAQ:NDAQ) opened at 37.72 on Friday. NASDAQ OMX Group has a 52 week low of $29.51 and a 52 week high of $41.25. The stock has a 50-day moving average of $36.78 and a 200-day moving average of $38.02. The company has a market cap of $6.438 billion and a P/E ratio of 14.55.

NASDAQ OMX Group (NASDAQ:NDAQ) last announced its earnings results on Thursday, April 24th. The company reported $0.72 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.71 by $0.01. The company had revenue of $529.00 million for the quarter, compared to the consensus estimate of $526.55 million. During the same quarter last year, the company posted $0.64 earnings per share. NASDAQ OMX Group’s revenue was up 26.6% compared to the same quarter last year. Analysts expect that NASDAQ OMX Group will post $2.92 EPS for the current fiscal year.

In other NASDAQ OMX Group news, EVP Anna M. Ewing sold 10,000 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $38.00, for a total value of $380,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

The NASDAQ OMX Group, Inc (NASDAQ:NDAQ) is a holding company.

Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Insider Buying: Corp. Nanominerals Acquires 1,333,333 Shares of Ireland Stock
Insider Buying: Corp. Nanominerals Acquires 1,333,333 Shares of Ireland Stock
FXCM COO David Sakhai Sells 7,277 Shares
FXCM COO David Sakhai Sells 7,277 Shares
LinkedIn Corp CAO Susan J.S. Taylor Sells 1,672 Shares
LinkedIn Corp CAO Susan J.S. Taylor Sells 1,672 Shares
Insider Selling: MSC Industrial Direct Co VP Sells 2,105 Shares of Stock
Insider Selling: MSC Industrial Direct Co VP Sells 2,105 Shares of Stock
Insider Selling: Jeffrey A. Citron Unloads 400,000 Shares of Vonage Holdings Corp. Stock
Insider Selling: Jeffrey A. Citron Unloads 400,000 Shares of Vonage Holdings Corp. Stock
Hanger Director Richard Pettingill Purchases 4,810 Shares
Hanger Director Richard Pettingill Purchases 4,810 Shares


Leave a Reply

 
© 2006-2014 Mideast Time.