In a report released yesterday, Benjamin Budish from Barclays maintained a Buy rating on Interactive Brokers (IBKR – Research Report), with a price target of $106.00. The company’s shares closed yesterday at $90.87.
Budish covers the Financial sector, focusing on stocks such as Blackstone Group, Charles Schwab, and Coinbase Global. According to TipRanks, Budish has an average return of 15.7% and a 76.24% success rate on recommended stocks.
Currently, the analyst consensus on Interactive Brokers is a Strong Buy with an average price target of $108.78, implying a 19.71% upside from current levels. In a report released yesterday, KBW also maintained a Buy rating on the stock with a $100.00 price target.
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IBKR market cap is currently $38.26B and has a P/E ratio of 16.03.
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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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
