Berenberg Bank analyst Eoin Mullany maintained a Hold rating on CME Group on Tuesday, setting a price target of $190, which is approximately 14.06% below the present share price of $221.08.
Mullany expects CME Group to post earnings per share (EPS) of $2.59 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in CME Group, with an average price target of $223.67.
The analysts price targets range from a high of $265 to a low of $190.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $1.11 billion and a net profit of $613.7 million. The company's market cap is $79.46 billion.
According to TipRanks.com, Berenberg Bank analyst Eoin Mullany is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -1.4% and a 51.47% success rate.
CME Group Inc. (NASDAQ:CME), formerly known as Chicago Mercantile Exchange Holdings Inc, is the world's leading derivatives marketplace, with it offering a wide range of futures and options products for risk management. These include equity indexes, interest rates, agricultural commodities, foreign exchange, energy, and metals. The company also offers clearing and settlement services for exchange-traded contracts, as well as for cleared over-the-counter derivatives transactions. It also provides a wide range of market data services such as live quotes, delayed quotes, historical data service and market reports.