Stock Rating Upgrade
The Value Trend Rating for Interactive Brokers Group Inc (NASDAQ: IBKR) improved during the last several trading days from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Interactive Brokers Group Inc (NASDAQ: IBKR) stock closed at $114.37 on 4/8/24 after an increase of 1.5%. However, exceptionally low trading volume at 47% of normal accompanied the advance. The stock has risen 2.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, IBKR is expected to continue to be an important Value Builder.
Interactive Brokers Group has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Interactive Brokers Group has a neutral Appreciation Score of 43 but a very high Power Rating of 85, producing the Positive Value Trend Rating.
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