New Sell Rating for CME Group (CME), the Technology Giant


Rosenblatt Securities analyst Sean Horgan maintained a Sell rating on CME Group (CME) today and set a price target of $135.00. The company’s shares closed last Wednesday at $191.65.

According to TipRanks.com, Horgan is a 3-star analyst with an average return of 9.0% and a 75.0% success rate. Horgan covers the Technology sector, focusing on stocks such as Fidelity National Info, Tradeweb Markets, and Paypal Holdings.

The word on The Street in general, suggests a Hold analyst consensus rating for CME Group with a $171.00 average price target.

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The company has a one-year high of $225.36 and a one-year low of $131.80. Currently, CME Group has an average volume of 1.63M.

Based on the recent corporate insider activity of 105 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.

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.

CME Group, Inc. operates as a security and commodity exchange company. It provides the risk management and investment needs of customers around the globe. The company offers a wide range of products across various asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through its CME Globex electronic trading platform across the globe and its open outcry trading facilities in Chicago and New York City. The company also provides clearing and settlement services for exchange-traded contracts, as well as for cleared over-the-counter derivatives transactions. It also offers market data services-including live quotes, delayed quotes, market reports and a comprehensive historical data service and has expanded into the index services business through CME Group Index Services. CME Group was founded in 1898 and is headquartered in Chicago, IL.

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