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Barclays Sticks to Its Buy Rating for Interactive Brokers (IBKR)
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Barclays Sticks to Its Buy Rating for Interactive Brokers (IBKR)

Barclays analyst Benjamin Budish maintained a Buy rating on Interactive Brokers (IBKRResearch Report) on March 1 and set a price target of $117.00. The company’s shares closed last Friday at $110.48.

Budish covers the Financial sector, focusing on stocks such as Coinbase Global, Blackstone Group, and Charles Schwab. According to TipRanks, Budish has an average return of 10.0% and a 70.18% success rate on recommended stocks.

Currently, the analyst consensus on Interactive Brokers is a Strong Buy with an average price target of $111.25, a 0.70% upside from current levels. In a report released on March 1, KBW also upgraded the stock to a Buy with a $100.00 price target.

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IBKR market cap is currently $46.52B and has a P/E ratio of 19.49.

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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.

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