Analyst Craig Siegenthaler from Bank of America Securities reiterated a Buy rating on Interactive Brokers (IBKR – Research Report) and decreased the price target to $243.00 from $265.00.
Craig Siegenthaler has given his Buy rating due to a combination of factors that highlight Interactive Brokers’ resilience and growth potential. Despite concerns about international investors potentially shifting away from US assets due to tariff disputes, Interactive Brokers continues to experience strong demand for US assets from its international clients. This is largely due to its extensive global market offerings, which allow clients to easily transition between domestic and international assets.
Additionally, Interactive Brokers has demonstrated robust account growth and increased client cash balances, even as margin loans have decreased. The company’s ability to maintain a high operational margin of over 70% and offer competitive pricing through its advanced technology and R&D efforts further supports its long-term growth trajectory. These factors, combined with a price objective of $243, suggest a significant total return potential, reinforcing the Buy rating.
In another report released today, Barclays also maintained a Buy rating on the stock with a $193.00 price target.
IBKR’s price has also changed moderately for the past six months – from $152.975 to $173.430, which is a 13.37% increase.