Jefferies (NYSE:JEF) analyst Daniel Fannon maintained a Buy rating on Interactive Brokers (NASDAQ:IBKR) on Wednesday, setting a price target of $84, which is approximately 17.29% above the present share price of $71.62.
Fannon expects Interactive Brokers to post earnings per share (EPS) of $1.01 for the fourth quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Interactive Brokers, with an average price target of $84.
The analysts price targets range from a high of $84 to a low of $84.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $700 million and a net profit of $0. The company's market cap is $7.03 billion.
According to TipRanks.com, Jefferies analyst Daniel Fannon is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 13.7% and a 74.35% success rate.
Founded in 1977, Interactive Brokers Group, Inc. is a Connecticut-based automated electronic broker, which specializes in executing and clearing trades in securities, futures, foreign exchange instruments, bonds, and mutual funds.