Sandler O’Neill Increases Interactive Brokers Group Price Target to $22.00 (IBKR)
Equities researchers at Sandler O’Neill increased their price objective on shares of Interactive Brokers Group (NYSE:IBKR) from $21.00 to $22.00 in a research report issued on Wednesday, Analyst Ratings News reports. Sandler O’Neill’s target price would suggest a potential upside of 12.82% from the company’s current price.
Interactive Brokers Group (NYSE:IBKR) traded down 0.86% on Wednesday, hitting $19.50. 1,157,957 shares of the company’s stock traded hands. Interactive Brokers Group has a 1-year low of $13.48 and a 1-year high of $19.92. The stock’s 50-day moving average is $18.2 and its 200-day moving average is $16.53. The company has a market cap of $974.3 million and a P/E ratio of 24.43.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Interactive Brokers Group from $21.00 to $23.00 in a research note to investors on Wednesday, October 9th. They now have an “outperform” rating on the stock.
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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