NASDAQ OMX Group, Inc (NASDAQ:NDAQ) maxes-out with analysts
On Wednesday, Raymond James’ research analysts upgraded NASDAQ OMX Group, Inc (NASDAQ:NDAQ) and assigned it with a “strong-buy” rating. NDAQ rose by 1.02% in Wednesday’s trading session. The opening price of the shares was $31.87, which reached an intraday high of $32.04 and closed at $31.54. More than 1.82 million shares were traded in Wednesday’s session while the average volume of shares that were traded over a 30 day period was 1.07 million. The company has a market cap of $5.28 million.
The company has a 52 week low of $22.49 and its 52 week high is $34.41. The 50-day moving average of the stock is $32.82 and the 200-day moving average is $31.1. The company has a 17.44 P/E ratio.
NASDAQ OMX Group, Inc (NASDAQ:NDAQ) last announced its earnings-results on 24 July. Its earnings per share was $0.62 which missed the analyst estimate by $0.01. For the quarter, the company’s revenue stood at $451.00 in comparison to the average projection of $441.43M. In the same quarter of the previous year, NDAQ posted earnings per share of $0.64. The company’s revenue rose by 8.4% in comparison to the same quarter in 2012. Analysts have projected that the company will post an EPS of $2.57 for the current financial year.
Many other analysts have recently commented on the company. Goldman Sachs group analysts downgraded the company’s shares from a “neutral” to a “sell” rating and have set a target price of $28.00 on the stock which is down from the $30 that had been previously set. Credit Suisse analysts raised the price target on the shares from $28.00 to $33.00 and have now assigned it with a “neutral” rating. They have set a price-target of $34.00 on the stock. Finally, Zacks analysts have reiterated their “neutral” rating on the stock and have set a price-target of $34.