Barclays analyst Benjamin Budish maintained a Buy rating on Interactive Brokers (IBKR – Research Report) today and set a price target of $132.00. The company’s shares closed last Friday at $112.67.
According to TipRanks, Budish is a 4-star analyst with an average return of 5.2% and a 68.07% success rate. Budish covers the Financial sector, focusing on stocks such as Coinbase Global, Blackstone Group, and Interactive Brokers.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Interactive Brokers with a $113.86 average price target, implying a 1.06% upside from current levels. In a report released on April 5, UBS also maintained a Buy rating on the stock with a $135.00 price target.
IBKR market cap is currently $47.44B and has a P/E ratio of 19.88.
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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.
