In a report released today, Kyle Voigt from KBW maintained a Buy rating on Intercontinental Exchange (ICE – Research Report), with a price target of $183.00. The company’s shares closed yesterday at $157.85.
Voigt covers the Financial sector, focusing on stocks such as Intercontinental Exchange, LPL Financial, and Charles Schwab. According to TipRanks, Voigt has an average return of 7.1% and a 68.80% success rate on recommended stocks.
In addition to KBW, Intercontinental Exchange also received a Buy from Piper Sandler’s Patrick Moley in a report issued on November 4. However, on November 1, Oppenheimer maintained a Hold rating on Intercontinental Exchange (NYSE: ICE).
ICE market cap is currently $88.7B and has a P/E ratio of 36.60.
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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:
- ICE reports October total ADV up 40% y/y; open interest up 20% y/y
- IntercontinentalExchange price target lowered to $160 from $169 at Deutsche Bank
- IntercontinentalExchange price target lowered to $173 from $179 at Barclays
- Intercontinental Exchange Reports Strong Q3 2024 Performance
- IntercontinentalExchange boosts dividend 7% to 45c per share
