Deutsche Bank (DE:DBKGn) analyst Brian Bedell maintained a Hold rating on Marketaxess Holdings (NASDAQ:MKTX) on Thursday, setting a price target of $555, which is approximately 4.10% above the present share price of $533.16.
Bedell expects Marketaxess Holdings to post earnings per share (EPS) of $2.01 for the third quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in Marketaxess Holdings, with an average price target of $483.67.
The analysts price targets range from a high of $531 to a low of $448.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $168.98 million and a net profit of $91.09 million. The company's market cap is $20.64 billion.
According to TipRanks.com, Deutsche Bank analyst Brian Bedell is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 2.4% and a 48.97% success rate.
MarketAxess Holdings, Inc. operates as an electronic trading platform that allows investment industry professionals to trade corporate bonds and other types of fixed-income instruments. It also provides data and analytical tools that help its clients to make trading decisions and facilitate the trading process by electronically communicating order information between trading counterparties. The firm's patented trading technology allows institutional investor clients to request competitive, executable bids, or offers from multiple broker dealers simultaneously and to execute trades with the broker dealer of their choice. The company was founded by Richard M. Mcvey on April 11, 2000 and is headquartered in New York, NY.