Interactive Brokers Group, Inc. (NASDAQ:IBKR) has received a hold rating for the short term, according to the latest rank of 3 from research firm, Zacks. The company received an average rating of 2 from 2 analysts. 1 have rated it as a strong buy. 1 analysts have rated the company at hold.
Many analysts have commented on the company rating. Goldman Sachs initiates coverage on Interactive Brokers Group, Inc. (NASDAQ:IBKR). Goldman Sachs has a Neutral rating on the shares. As per the latest report, the brokerage house announces the price target to $44 per share. The rating by the firm was issued on October 6, 2015.
Shares of Interactive Brokers Group, Inc. (NASDAQ:IBKR) ended Monday session in red amid volatile trading. The shares closed down 0.31 points or 0.71% at $43.49 with 440,000 shares getting traded. Post opening the session at $43.96, the shares hit an intraday low of $43.14 and an intraday high of $43.96 and the price vacillated in this range throughout the day. The company has a market cap of $17,794 million and the number of outstanding shares have been calculated to be 409,142,000 shares. The 52-week high of Interactive Brokers Group, Inc. (NASDAQ:IBKR) is $45.95 and the 52-week low is $25.56.
The company shares have rallied 62.52% from its 1 Year high price. On Jul 7, 2015, the shares registered one year high at $45.95 and the one year low was seen on Jan 16, 2015. The 50-Day Moving Average price is $39.86 and the 200 Day Moving Average price is recorded at $39.49.
On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange,The director officer (Chief Financial Officer) of Interactive Brokers Group, Inc., Brody Paul Jonathan sold 642 shares at $41.83 on November 4, 2015. The Insider selling transaction had a total value worth of $26,855. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
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 worldwide. In the United States, it conducts its business in Greenwich, Connecticut, Chicago, Illinois and Jersey City, New Jersey. Abroad, the Company conducts business through offices located in Canada, England, Switzerland, Hong Kong, India, Australia and Japan. It operates in two segments: electronic brokerage and market making. As of December 31, 2011, the Company owned 11.5% in IBG LLC, the holding company for its businesses. The Company is the sole managing member of IBG LLC.
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