NASDAQ OMX Group (NASDAQ: NDAQ)‘s stock had its “buy” rating restated by investment analysts at Macquarie in a note issued to investors on Wednesday, Stock Ratings Network reports. They currently have a $37.00 price objective on the stock. Macquarie’s price objective suggests a potential upside of 13.08% from the company’s current price.
A number of other analysts have also recently weighed in on NDAQ. 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. They now have a “hold” rating on the stock. Separately, analysts at Barclays Capital initiated coverage on shares of NASDAQ OMX Group in a research note to investors on Wednesday, June 26th. They set an “overweight” rating and a $39.00 price target on the stock. Finally, analysts at Goldman Sachs reiterated a “neutral” rating on shares of NASDAQ OMX Group in a research note to investors on Monday, June 24th. They now have a $30.00 price target on the stock.
One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. NASDAQ OMX Group presently has a consensus rating of “Hold” and an average target price of $32.63.
Shares of NASDAQ OMX Group (NASDAQ: NDAQ) opened at 32.72 on Wednesday. NASDAQ OMX Group has a one year low of $21.58 and a one year high of $33.50. The stock’s 50-day moving average is currently $31.98. The company has a market cap of $5.425 billion and a P/E ratio of 18.23.
NASDAQ OMX Group (NASDAQ: NDAQ) last announced its earnings results on Wednesday, April 24th. The company reported $0.64 EPS for the quarter, meeting the Thomson Reuters 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 in the prior year, the company posted $0.61 earnings per share. The company’s quarterly revenue was up 1.0% on a year-over-year basis. Analysts expect that NASDAQ OMX Group will post $2.62 EPS for the current fiscal year.
The NASDAQ OMX Group, Inc (NASDAQ: NDAQ) is a holding company.