In a report released yesterday, Kyle Voigt from KBW maintained a Buy rating on Interactive Brokers (IBKR – Research Report), with a price target of $100.00. The company’s shares closed yesterday at $90.87.
According to TipRanks, Voigt is a 4-star analyst with an average return of 5.7% and a 68.83% success rate. Voigt covers the Financial sector, focusing on stocks such as Charles Schwab, CME Group, and Marketaxess Holdings.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Interactive Brokers with a $108.78 average price target, a 19.71% upside from current levels. In a report released on January 22, Bank of America Securities also reiterated a Buy rating on the stock with a $139.00 price target.
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The company has a one-year high of $95.46 and a one-year low of $70.57. Currently, Interactive Brokers has an average volume of 1.32M.
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of IBKR in relation to earlier this year.
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Interactive Brokers (IBKR) Company Description:
Founded in 1977, Interactive Brokers Group, Inc. is a Connecticut-based automated electronic broker, which specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds.
Read More on IBKR:
- Interactive Brokers CIO sells $2.51M in common stock
- Interactive Brokers price target lowered to $139 from $146 at BofA
- Interactive Brokers Stock (NASDAQ:IBKR) Down After Q4 Miss
- Interactive Brokers price target lowered to $106 from $109 at Barclays
- Interactive Brokers CIO sells $2.3M in common stock
