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Analyst Price Target for Interactive Brokers Rises to $106.77

BullishMedium impact
IBKR$86.03 2.25%

Wall Street research analysts updated their price outlook for Interactive Brokers Group, Inc. (NASDAQ:IBKR), pushing the consensus 12-month price target up to $106.77 per share from a previous $106.24 level. Individual price estimates from 15 analysts now span between $92 at the low end and $121 at the high end.

The revised price target indicates approximately 24% upside potential when measured against the brokerage firm's October 15 closing price. The stock recently closed at $86.03 per share, up 2.25% for the day.

Overall sentiment among covering market research professionals remains predominantly positive. Out of 19 analysts following the brokerage, 14 maintain a Buy recommendation, four advise a Hold, and one carries a Sell rating, keeping the overall consensus recommendation unchanged at Buy.

Key points

  • The average 12-month price target for Interactive Brokers Group, Inc. increased from $106.24 to $106.77 per share.
  • Forecasts from 15 covering analysts range from a low of $92 to a high of $121 per share.
  • The updated price target implies about 24% potential upside based on the October 15 closing price.
  • The analyst consensus rating remains Buy, with 14 Buy ratings, 4 Holds, and 1 Sell out of 19 total ratings.

Written by our AI from expert market sources across the web. It can contain mistakes: check the facts before acting on them. Write-ups powered by the free AI API at FreeTheAI.org

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Questions and answers

What is the new price target for Interactive Brokers stock?

The average 12-month price target for Interactive Brokers Group, Inc. has been raised to $106.77 per share, up from $106.24, with estimates ranging between $92 and $121.

What is the analyst rating consensus for Interactive Brokers?

The consensus analyst rating on Interactive Brokers Group, Inc. remains Buy. Among 19 covering analysts, 14 recommend a Buy, 4 suggest a Hold, and 1 advises a Sell.

How much upside does the Interactive Brokers price target imply?

Based on the October 15 closing price, the average price target of $106.77 implies an estimated potential upside of roughly 24%.