Summary Highlights:
- Interactive Brokers Group (IBKR, Financial) experiences significant growth in June, with key metrics up substantially from the previous year.
- Analysts set a 12-month price target range for IBKR, with varied estimates indicating potential downside.
- GuruFocus metrics suggest a notable discrepancy between current valuations and GF Value estimates.
Interactive Brokers Group (IBKR) has posted remarkable results for June, showcasing significant advancements in its business performance and investor metrics. The daily average revenue trades reached an impressive 3.448 million, reflecting a substantial 40% year-over-year growth. Furthermore, client equity surged to $664.6 billion, representing an impressive 34% increase compared to the previous year. In parallel, client accounts expanded by 32%, totaling 3.866 million accounts.
Wall Street Analysts Forecast
The financial community has set mixed expectations for Interactive Brokers Group Inc (IBKR, Financial), as evidenced by the one-year price targets provided by nine analysts. The average target price stands at $52.22, with projections ranging from a high estimate of $61.50 to a low estimate of $43.75. This average target suggests a potential downside of 6.56% from the current trading price of $55.89. For more detailed analyst estimate data, you can explore the Interactive Brokers Group Inc (IBKR) Forecast page.
In terms of brokerage recommendations, Interactive Brokers Group Inc (IBKR, Financial) maintains an average recommendation score of 1.9 from ten brokerage firms, indicating an "Outperform" status. This rating employs a scale from 1 to 5, where a rating of 1 signifies a Strong Buy and 5 denotes a Sell recommendation.
According to GuruFocus assessments, the estimated GF Value for Interactive Brokers Group Inc (IBKR, Financial) over the coming year is $24.77, signifying a substantial downside of 55.68% from the current price of $55.89. The GF Value is GuruFocus' estimation of the stock's fair trading value, calculated based on historical trading multiples, past business growth, and projected future performance. For a comprehensive view of the data, visit the Interactive Brokers Group Inc (IBKR) Summary page.
