Keefe,Bruyette,Woods Keep Rating of Market Perform on Shares of CME Group

Keefe,Bruyette,Woods Keep Rating of Market Perform on Shares of CME Group (CME) after a strong report yesterday. Analysts reported ,"CME reported 1Q11 EPS of $4.36, $0.12 above our higher than consensus estimate primarily on non-operating items. The board is now evaluating options to return excess cash to shareholders with no big M&A on the horizon. We tweak our 2Q11, 2011 and 2012 EPS estimates, maintain our MP rating and PT of $337. See PDF for model/delta sheet." Shares of CME Group (CME) closed at 304.05 yesterday.
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Posted In: Analyst ColorAnalyst RatingsCME GroupFinancialsKeefe Bruyette & WoodsSpecialized Finance
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