Nasdaq OMX's (NDAQ) current cheap valuation in relation to peers may have to do with investor...

|About: Nasdaq Inc. (NDAQ)|By:, SA News Editor

Nasdaq OMX's (NDAQ) current cheap valuation in relation to peers may have to do with investor perception it's just a stock exchange. This leaves out derivatives, market data, issuer services, technology, and broker services. A sum-of-the-parts analysis puts the stock's valuation at $54 (currently $31), while BMO conservatively pegs takeout value at $38.