Interactive Brokers Group Price Target Raised to $23.00 at Keefe, Bruyette & Woods (IBKR)
Research analysts at Keefe, Bruyette & Woods raised their price target on shares of Interactive Brokers Group (NYSE:IBKR) from $21.00 to $23.00 in a report released on Wednesday, Analyst RN reports. The firm currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 20.29% from the company’s current price.
Interactive Brokers Group (NYSE:IBKR) traded up 0.58% on Wednesday, hitting $19.12. 394,445 shares of the company’s stock traded hands. Interactive Brokers Group has a 52 week low of $13.48 and a 52 week high of $19.69. The stock’s 50-day moving average is $17.99 and its 200-day moving average is $16.37. The company has a market cap of $955.3 million and a price-to-earnings ratio of 23.61.
Interactive Brokers Group, Inc (NYSE:IBKR) is an automated global electronic market maker and broker specializing in routing orders and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on more than 80 electronic exchanges and trading venues worldwide.
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