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Bank of America Securities Remains a Buy on Interactive Brokers (IBKR)
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Bank of America Securities Remains a Buy on Interactive Brokers (IBKR)

Bank of America Securities analyst Craig Siegenthaler maintained a Buy rating on Interactive Brokers (IBKRResearch Report) today. The company’s shares opened today at $113.24.

Siegenthaler covers the Financial sector, focusing on stocks such as Interactive Brokers, LPL Financial, and Nasdaq. According to TipRanks, Siegenthaler has an average return of 13.0% and a 65.04% success rate on recommended stocks.

Interactive Brokers has an analyst consensus of Strong Buy, with a price target consensus of $107.29, implying a -5.25% downside from current levels. In a report released today, Barclays also assigned a Buy rating to the stock with a $117.00 price target.

The company has a one-year high of $112.64 and a one-year low of $70.50. Currently, Interactive Brokers has an average volume of 1.21M.

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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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