Bats Global Markets Inc (NASDAQ:BATS) had its price target raised by Jefferies Group from $28.00 to $30.00 in a research report sent to investors on Tuesday. Jefferies Group currently has a hold rating on the stock.
Other analysts also recently issued research reports about the company. Zacks Investment Research raised Bats Global Markets from a hold rating to a buy rating and set a $28.00 price target on the stock in a report on Tuesday, July 12th. Barclays PLC raised their price target on Bats Global Markets from $24.00 to $25.00 and gave the stock an equal weight rating in a report on Friday, August 5th. Keefe, Bruyette & Woods downgraded Bats Global Markets from an outperform rating to a market perform rating and set a $30.50 price target on the stock. in a report on Monday, September 26th. Raymond James Financial Inc. raised Bats Global Markets from an underperform rating to a market perform rating in a report on Thursday, August 25th. Finally, Goldman Sachs Group Inc. restated a neutral rating and issued a $25.00 target price on shares of Bats Global Markets in a research report on Wednesday, August 10th. Eight investment analysts have rated the stock with a hold rating, Bats Global Markets currently has an average rating of Hold and an average price target of $28.29.
Bats Global Markets (NASDAQ:BATS) opened at 29.83 on Tuesday. The company’s 50-day moving average price is $26.96 and its 200-day moving average price is $25.89. Bats Global Markets has a one year low of $19.00 and a one year high of $33.00.
Bats Global Markets (NASDAQ:BATS) last released its earnings results on Thursday, August 4th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.04. Equities analysts forecast that Bats Global Markets will post $1.37 EPS for the current year.
Several institutional investors have recently modified their holdings of the stock. Albert D Mason Inc. purchased a new position in shares of Bats Global Markets during the second quarter valued at about $1,059,000. American Century Companies Inc. bought a new stake in Bats Global Markets during the second quarter valued at $6,886,000. Bank of New York Mellon Corp bought a new stake in Bats Global Markets during the second quarter valued at $735,000. Columbus Circle Investors bought a new stake in Bats Global Markets during the second quarter valued at $11,527,000. Finally, First Trust Advisors LP bought a new stake in Bats Global Markets during the second quarter valued at $1,297,000.
About Bats Global Markets
BATS Global Markets, Inc (BATS) is an operator of exchanges and provider of services for financial markets. The Company facilitates securities trading and exchange traded products (ETP) listings for the United States and European equity securities and operates a United States options exchange. BATS serves the foreign exchange (FX) market, operating Hotspot, an institutional spot foreign exchange market.
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