NASDAQ OMX Group (NASDAQ: NDAQ)‘s stock had its “outperform” rating reiterated by equities researchers at Macquarie in a research report issued on Thursday, StockRatingsNetwork reports. They currently have a $37.00 price target on the stock. Macquarie’s price target indicates a potential upside of 8.44% from the company’s current price.
A number of other analysts have also recently weighed in on NDAQ. Analysts at Credit Suisse cut their EPS estimates on shares of NASDAQ OMX Group in a research note on Wednesday. They now have a “neutral” rating and a $28.00 price target on the stock. Separately, analysts at Zacks upgraded shares of NASDAQ OMX Group from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, July 5th. They now have a $34.00 price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of NASDAQ OMX Group from $28.00 to $32.00 in a research note to investors on Wednesday, July 3rd. They now have a “hold” rating on the stock.
Eight analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $32.65.
Shares of NASDAQ OMX Group (NASDAQ: NDAQ) traded up 0.53% during mid-day trading on Thursday, hitting $34.30. NASDAQ OMX Group has a 52 week low of $21.73 and a 52 week high of $34.19. The stock’s 50-day moving average is currently $32.35. The company has a market cap of $5.687 billion and a P/E ratio of 18.82.
NASDAQ OMX Group (NASDAQ: NDAQ) last released its earnings data on Wednesday, April 24th. The company reported $0.64 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.64. The company had revenue of $508.00 million for the quarter, compared to the consensus estimate of $425.85 million. During the same quarter last year, the company posted $0.61 earnings per share. NASDAQ OMX Group’s revenue was up 1.0% compared to the same quarter last year. Analysts expect that NASDAQ OMX Group will post $2.61 EPS for the current fiscal year.
The NASDAQ OMX Group, Inc (NASDAQ: NDAQ) is a holding company.