Interactive Brokers Group (NASDAQ:IBKR) : 4 analysts are covering Interactive Brokers Group (NASDAQ:IBKR) and their average rating on the stock is 2.5, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Interactive Brokers Group (NASDAQ:IBKR) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $40 and the lowest price target forecast is $38. The average forecast of all the analysts is $39 and the expected standard deviation is $1.41.
Company shares have received an average consensus rating of Hold for the current week
Interactive Brokers Group (NASDAQ:IBKR): stock turned positive on Tuesday. Though the stock opened at $34.55, the bulls momentum made the stock top out at $34.63 level for the day. The stock recorded a low of $33.8 and closed the trading day at $34.3, in the green by 1.51%. The total traded volume for the day was 771,585. The stock had closed at $33.79 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Vice Chairman) of Interactive Brokers Group, Inc., Nemser Earl H had sold 4,000 shares worth of $160,840 in a transaction dated April 22, 2016. In this transaction, 4,000 shares were sold at $40.21 per share.
Interactive Brokers Group, Inc. (IBG, Inc.) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on more than 100 electronic exchanges and trading venues around the world. It operates in two segments: electronic brokerage and market making. The Company owns approximately 14.5% in IBG LLC, the holding company for its businesses. The Company is the sole managing member of IBG LLC. As a direct market access broker, the Company serves the customers of both traditional brokers and prime brokers. It provides its customers with order management, trade execution and portfolio management platform. As a market maker, it provides continuous bid and offer quotations on over one million securities and futures products listed on electronic exchanges around the world.