Goldman Sachs Reaffirms Their Sell Rating on CME Group (CME)
In a report released today, from Goldman Sachs maintained a Sell rating on CME Group, with a price target of $275.00.
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CME Group has an analyst consensus of Hold, with a price target consensus of $297.56.
Based on CME Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.65 billion and a net profit of $1.17 billion. In comparison, last year the company earned a revenue of $1.53 billion and had a net profit of $874.6 million
Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CME in relation to earlier this year. Earlier this month, Elizabeth Cook, a Director at CME sold 1,000.00 shares for a total of $320,000.00.
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