CME Group (CME – Research Report), the Financial sector company, was revisited by a Wall Street analyst today. Analyst Patrick O’Shaughnessy from Raymond James upgraded the rating on the stock to a Buy and gave it a $287.00 price target.
Patrick O’Shaughnessy has given his Buy rating due to a combination of factors that highlight CME Group’s strong positioning in a volatile economic environment. The firm’s comprehensive risk management tools are well-suited to the current global macroeconomic and geopolitical challenges, as evidenced by impressive trading volumes. The increase in rate futures volumes, particularly Treasury futures, has exceeded expectations, suggesting a robust market presence despite potential cooling in the future.
Additionally, CME’s energy futures have shown significant growth after years of decline, driven by key trends such as the inclusion of WTI in the Brent crude price calculation and increased LNG exports. These factors contribute to a sustainable momentum in energy futures. Furthermore, concerns about competition from FMX Futures are diminishing, as its volumes remain a small fraction of CME’s. The analyst also increased the 2025/2026 non-GAAP EPS estimates, reflecting optimism in volume growth, supporting the Buy rating with a target price of $287.
In another report released on February 27, Jefferies also maintained a Buy rating on the stock with a $263.00 price target.