CME Group downgraded by Redburn Atlantic with a new price target
$CME
Investment Bankers/Brokers/Service
Finance
Redburn Atlantic downgraded CME Group from Buy to Neutral and set a new price target of $244.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/8/2024 | $244.00 | Buy → Neutral | Redburn Atlantic |
| 9/27/2024 | $235.00 | Sector Perform | RBC Capital Mkts |
| 9/26/2024 | $221.00 | Hold | TD Cowen |
| 9/3/2024 | $212.00 → $177.00 | Neutral → Underperform | BofA Securities |
| 6/21/2024 | $206.00 → $187.00 | Neutral → Underweight | JP Morgan |
| 1/8/2024 | $244.00 → $222.00 | Overweight → Equal Weight | Barclays |
| 1/3/2024 | $195.00 | Neutral → Sell | Goldman |
| 9/6/2023 | $167.00 → $204.00 | Underperform → Neutral | BofA Securities |
Record October ADV for interest rate, energy, metals and agricultural productsRecord October ADV across U.S. Treasury and SOFR complexesAll-time record monthly ADV in U.S. Treasury options and energy optionsCHICAGO, Nov. 4, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today reported its October 2024 market statistics, with average daily volume (ADV) reaching 24.3 million contracts, the second-highest October volume ever. Market statistics are available in greater detail at https://cmegroupinc.gcs-web.com/monthly-volume. October 2024 ADV across asset classes includes: Record October Interest Rate ADV of 12.5 million contractsEquity Index ADV of 5.9 million con
CHICAGO, Oct. 31, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that open interest in its global benchmark Henry Hub futures contract reached a record 1.73 million contracts on October 30, 2024 as international participation is at all-time highs. "As the U.S. exports record levels of LNG to supply Europe and Asia, Henry Hub remains the most important price reference in global gas markets," said Peter Keavey, Global Head of Energy and Environmental Products at CME Group. "Henry Hub is the largest and most liquid global gas benchmark, with a record 25% of total trading originating outside of the U.S. this year." In addition to record open intere
CHICAGO, Oct. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced it has received approval from the National Futures Association (NFA) to establish a futures commission merchant (FCM). "We are pleased that the NFA has approved our FCM application," said Terry Duffy, Chairman and Chief Executive Officer, CME Group. "We remain committed to the FCM model and believe in the time-tested risk management benefits it continues to provide. At the same time, as our industry continues to evolve, our FCM will ensure CME Group is in a strong position to quickly adapt to our clients' changing business needs." As the world's leading derivatives marketplace, CME
8-K - CME GROUP INC. (0001156375) (Filer)
10-Q - CME GROUP INC. (0001156375) (Filer)
8-K - CME GROUP INC. (0001156375) (Filer)
4 - CME GROUP INC. (0001156375) (Issuer)
4 - CME GROUP INC. (0001156375) (Issuer)
4 - CME GROUP INC. (0001156375) (Issuer)
Redburn Atlantic downgraded CME Group from Buy to Neutral and set a new price target of $244.00
RBC Capital Mkts initiated coverage of CME Group with a rating of Sector Perform and set a new price target of $235.00
TD Cowen initiated coverage of CME Group with a rating of Hold and set a new price target of $221.00
4 - CME GROUP INC. (0001156375) (Issuer)
4 - CME GROUP INC. (0001156375) (Issuer)
4 - CME GROUP INC. (0001156375) (Issuer)
JP Morgan analyst Kenneth Worthington maintains CME Gr (NASDAQ:CME) with a Underweight and raises the price target from $187 to $191.
Keefe, Bruyette & Woods analyst Kyle Voigt maintains CME Gr (NASDAQ:CME) with a Market Perform and raises the price target from $212 to $213.
Barclays analyst Benjamin Budish maintains CME Gr (NASDAQ:CME) with a Equal-Weight and raises the price target from $208 to $209.
SC 13G/A - CME GROUP INC. (0001156375) (Subject)
SC 13G/A - CME GROUP INC. (0001156375) (Subject)
SC 13G/A - CME GROUP INC. (0001156375) (Subject)
Record revenue of $1.6 billionRecord quarterly ADV of 28.3 million contracts - the second consecutive quarter of volume, open interest growth across every asset classCHICAGO, Oct. 23, 2024 /PRNewswire/ -- CME Group Inc. (NASDAQ:CME) today reported financial results for the third quarter of 2024. The company reported revenue of $1.6 billion and operating income of $1.0 billion for the third quarter of 2024. Net income was $913 million and diluted earnings per common share were $2.50. On an adjusted basis, net income was $977 million and diluted earnings per common share were $2.68. Financial results presented on an adjusted basis for the third quarter of 2024 and 2023 exclude certain items,
CHICAGO, Sept. 5, 2024 /PRNewswire/ -- CME Group Inc. will announce earnings for the third quarter of 2024 before the markets open on Wednesday, October 23, 2024. Written highlights for the quarter will be posted on the company's website at 6:00 a.m. Central Time, the same time it provides its earnings press release. The company will also hold an investor conference call that day at 7:30 a.m. Central Time, at which time company executives will take analysts' questions. A live audio Webcast of the conference call will be available on the Investor Relations section of the company's website. Following the conference call, an archived recording will be available at the same site. Those wishing
CHICAGO, Aug. 8, 2024 /PRNewswire/ -- CME Group Inc., the world's leading derivatives marketplace, today declared a third-quarter dividend of $1.15 per share. The dividend is payable September 25, 2024, to shareholders of record as of September 9, 2024. As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy
CHICAGO, July 8, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the appointment of Mike Dennis as Global Head, Fixed Income. In this position, Dennis will oversee the company's largest, most actively traded global benchmark futures and options contracts on SOFR and U.S. Treasuries, including the 30-year bond, 10-, 5- and 2-year notes that enable investors to manage risk across the entire U.S. yield curve. He will also lead BrokerTec, the world's most liquid electronic cash trading platform for U.S Treasury benchmarks, E.U., U.K. and U.S. Repo trading. Dennis will report to CME Group Chairman and Chief Executive Officer Terry Duffy and serve on th
CHICAGO, June 3, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced the appointment of John Ricci as Managing Director and Global Head of Agricultural Products. Reporting to Derek Sammann, Senior Managing Director and Global Head of Commodities Markets, Ricci will be responsible for leading the development, execution and management of the exchange's agricultural business globally. He will be based in Chicago. "We are pleased to welcome John to CME Group," said Derek Sammann, Senior Managing Director and Global Head of Commodities Markets. "Our benchmark agricultural products play a vital role in the global economy, helping our customers manage risk
CHICAGO, May 9, 2024 /PRNewswire/ -- CME Group Inc. (NASDAQ:CME) today announced the preliminary shareholder voting results from its 2024 annual meeting. At the meeting, shareholders: Elected Terrence A. Duffy, Kathryn Benesh, Timothy S. Bitsberger, Charles P. Carey, Bryan T. Durkin, Harold Ford Jr., Martin J. Gepsman, Larry G. Gerdes, Daniel R. Glickman, Daniel G. Kaye, Phyllis M. Lockett, Deborah J. Lucas, Terry L. Savage, Rahael Seifu, William R. Shepard, Howard J. Siegel and Dennis A. Suskind, each for a one-year term expiring in 2025;Ratified the appointment of Ernst & Young LLP as the company's independent registered public accounting firm for 2024;Approved, on an advisory basis, the