Cboe Global Markets Inc. (CBOE) shares recently traded at $174.11, surpassing the average analyst 12-month target price of $174.09. Analysts now face the decision to either downgrade their ratings or raise target prices following this milestone. With 11 analysts contributing to the average target, estimates range from a low of $138.00 to a high of $201.00, reflecting a standard deviation of $21.86.
Current ratings show four strong buy, nine hold, and one strong sell recommendations. The overall average rating stands at 2.57 on a scale from 1 (strong buy) to 5 (strong sell). This suggests a cautious outlook, as the number of strong buy ratings has decreased compared to previous months.
