Barclays Raises Price Target and Estimates on CBOE Holdings (CBOE); Getting A Bigger Slice Of The Pie

Barclays maintains an 'Equalweight' on CBOE Holdings (NASDAQ: CBOE) price target of $25.00 (from $24.00).

Analyst, Roger A. Freeman, said, "While we believe that both equity and index options RPC will move lower as the quarter progresses (given our expectations for volumes to improve from April levels), we do believe that CBOE's overall options RPC will move higher as higher-priced index options grow at a faster rate than lower-priced equity options, therefore making up a larger piece of the options pie at CBOE."

Barclays raises Q2 EPS estimate from $0.39 to $0.41, FY12 from $1.62 to $1.66 and FY13 from $1.81 to $1.85.

For an analyst ratings summary and ratings history on CBOE Holdings click here. For more ratings news on CBOE Holdings click here.

Shares of CBOE Holdings closed at $25.43 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• HSBC Downgrades Feng Tay Enterprises (9910:TT) to Hold
• Johnson Matthey PLC (JMAT:LN) (JMPLY) PT Raised to GBP21.70 at Barclays
• Prysmian SpA (PRY:IM) (PRYMY) PT Raised to EUR53 at HSBC