Barclays analyst Benjamin Budish maintained a Buy rating on Intercontinental Exchange (ICE – Research Report) today and set a price target of $167.00. The company’s shares closed yesterday at $159.95.
According to TipRanks, Budish is a 5-star analyst with an average return of 12.6% and a 73.37% success rate. Budish covers the Financial sector, focusing on stocks such as Interactive Brokers, CME Group, and LPL Financial.
Intercontinental Exchange has an analyst consensus of Strong Buy, with a price target consensus of $164.00, which is a 2.53% upside from current levels. In a report released on September 16, J.P. Morgan also maintained a Buy rating on the stock with a $171.00 price target.
ICE market cap is currently $91.83B and has a P/E ratio of 39.59.
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Intercontinental Exchange (ICE) Company Description:
Founded in 2000, Georgia-based Intercontinental Exchange, Inc. engages in the management of online marketplaces. It operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, European Union, Singapore, Israel, and Canada. It operates in two segments, Trading and Clearing; and Data and Listings.
Read More on ICE:
- IntercontinentalExchange price target raised to $171 from $151 at JPMorgan
- IntercontinentalExchange gets notice from FCA on cessation of U.S. Dollar LIBOR
- Buy/Sell: Wall Street’s top 10 stock calls this week
- ICE reports August 2024 total ADV up 29% y/y; open interest up 16% y/y
- CME Group downgraded to Underperform at BofA amid intensifying competition
