Barclays analyst Jeremy Campbell maintained a Buy rating on Nasdaq (NDAQ) yesterday and set a price target of $110.00. The company’s shares closed last Monday at $72.86, close to its 52-week low of $71.66.
According to TipRanks.com, Campbell is a 1-star analyst with an average return of -2.9% and a 41.7% success rate. Campbell covers the Financial sector, focusing on stocks such as Virtus Investment Partners, Intercontinental Exchange, and Apollo Global Management.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nasdaq with a $113.90 average price target, implying a 41.4% upside from current levels. In a report issued on March 12, Merrill Lynch also upgraded the stock to Buy.
See today’s analyst top recommended stocks >>
Nasdaq’s market cap is currently $12.02B and has a P/E ratio of 17.40. The company has a Price to Book ratio of -4.46.
Based on the recent corporate insider activity of 51 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 NDAQ in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Nasdaq, Inc. is a holding company, which engages in trading, clearing, exchange technology, regulatory, securities listing, information and public & private company services. It operates through the following segments: Market Services, Corporate Services, Information Services and Market Technology. The Market Services segment includes its equity derivative trading and clearing, cash equity trading, FICC and trade management services businesses. The Corporate Services segment includes its corporate solutions and listing services businesses. The Information Services segment includes data products, index licensing and services businesses. The Market Technology segment is a global technology solutions provider and partner to exchanges, clearing organizations, central securities depositories, regulators, banks, brokers and corporate businesses. The company was founded by Gordon S. Macklin in 1971 and is headquartered in New York, NY.
Read More on NDAQ:
