In a report released today, Patrick Moley from Piper Sandler maintained a Buy rating on Interactive Brokers (IBKR – Research Report), with a price target of $125.00. The company’s shares closed yesterday at $112.16.
Moley covers the Financial sector, focusing on stocks such as Virtu Financial, BGC Group, and Cboe Global Markets. According to TipRanks, Moley has an average return of 18.8% and an 88.57% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Interactive Brokers with a $121.00 average price target, representing a 7.88% upside. In a report released yesterday, Citi also maintained a Buy rating on the stock with a $135.00 price target.
The company has a one-year high of $116.92 and a one-year low of $70.50. Currently, Interactive Brokers has an average volume of 1.11M.
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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 price target raised to $135 from $105 at Citi
- Interactive Brokers price target raised to $132 from $117 at Barclays
- Interactive Brokers reports February DARTs up 15% y/y
- Interactive Brokers price target raised to $117 from $106 at Barclays
- KKR, Interactive Brokers stand to gain in shaky market, Barron’s says
