Interactive Brokers Group, Inc. (IBKR) currently holds an average brokerage recommendation (ABR) of 1.11 on a scale from 1 (Strong Buy) to 5 (Strong Sell), based on the evaluations of nine brokerage firms. This ABR reflects eight Strong Buy and one Buy recommendation, signaling a strong positive outlook for the stock.
The Zacks Consensus Estimate for Interactive Brokers’ earnings has recently increased by 0.5% over the past month to $6.49, leading to a Zacks Rank of #2 (Buy). Analysts’ optimism regarding earnings prospects could indicate potential for the stock to rise in the near term.
However, it is advised that investors should not rely solely on ABR for making investment decisions, as brokerage recommendations may exhibit biases due to the interests of the firms behind them. Validating with the Zacks Rank, which is based on earnings estimate revisions, is recommended for better predictive outcomes.
