Goldman Sachs Adds Nasdaq OMX Group Inc. (NDAQ) to Conviction Buy

August 11, 2011 7:06 AM EDT
Get Alerts NDAQ Hot Sheet
Price: $98.22 +0.69%

Rating Summary:
    23 Buy, 10 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
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Goldman Sachs added Nasdaq OMX Group Inc. (NASDAQ: NDAQ) to its Conviction Buy with a price target of $27, suggesting 26% upside.

The firm said Nasdaq's 22% EBITDA/market cap ratio is in the top five of our group, and its willingness to buy back stock solidify/boost EPS. They see EPS grows at a 16% CAGR between 2010-2013, PEG of 0.6X.

For more ratings news on Nasdaq OMX Group Inc. click here and for the rating history of Nasdaq OMX Group Inc. click here.

Shares of Nasdaq OMX Group Inc. closed at $21.47 yesterday.


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