Todays Report: The Bats Global Markets Inc (BATS) Price Target Raised to $30.00 at Jefferies Group

The Bats Global Markets Inc (BATS) Price Target Raised to $30.00 at Jefferies Group

Bats Global Markets Inc (NASDAQ:BATS) had its price objective raised by Jefferies Group from $28.00 to $30.00 in a research note published on Tuesday. Jefferies Group currently has a hold rating on the stock.

Several other analysts have also issued reports on BATS. Zacks Investment Research raised Bats Global Markets from a hold rating to a buy rating and set a $28.00 target price for the company in a research note on Tuesday, July 12th. Raymond James Financial Inc. raised Bats Global Markets from an underperform rating to a market perform rating in a research note on Thursday, August 25th. RBC Capital Markets raised Bats Global Markets from an underperform rating to a sector perform rating and increased their price objective for the company from $23.00 to $32.50 in a research note on Tuesday, September 27th. Royal Bank Of Canada raised Bats Global Markets from an underperform rating to a sector perform rating in a research note on Tuesday, September 27th. Finally, Keefe, Bruyette & Woods lowered Bats Global Markets from an outperform rating to a market perform rating and set a $30.50 price objective for the company. in a research note on Monday, September 26th. Eight investment analysts have rated the stock with a hold rating, Bats Global Markets presently has a consensus rating of Hold and a consensus target price of $28.29.

Shares of Bats Global Markets (NASDAQ:BATS) traded down 0.33% on Tuesday, reaching $30.45. 205,068 shares of the company were exchanged. The stock’s 50-day moving average is $25.07 and its 200 day moving average is $25.36. Bats Global Markets has a 12-month low of $19.00 and a 12-month high of $30.55.

Bats Global Markets (NASDAQ:BATS) last issued its earnings results on Thursday, August 4th. The company reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.04. On average, equities research analysts predict that Bats Global Markets will post $1.37 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in BATS. Albert D Mason Inc. acquired a new position in shares of Bats Global Markets during the second quarter worth approximately $1,059,000. American Century Companies Inc. acquired a new position in shares of Bats Global Markets during the second quarter worth approximately $6,886,000. Bank of New York Mellon Corp acquired a new position in shares of Bats Global Markets during the second quarter worth approximately $735,000. Columbus Circle Investors acquired a new position in shares of Bats Global Markets during the second quarter worth approximately $11,527,000. Finally, First Trust Advisors LP acquired a new position in shares of Bats Global Markets during the second quarter worth approximately $1,297,000.

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