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Interactive Brokers Group, Inc. (NASDAQ:IBKR) has been downgraded to Hold in a report by Zacks Investment Research today.

Yesterday Interactive Brokers Group, Inc. (NASDAQ:IBKR) traded -0.02% lower at $37.65. The company’s 50-day moving average is $38.67 and its 200-day moving average is $36.75. The last closing price is up 10.69% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 448,587 shares of the stock traded hands, down from an average trading volume of 501,984

Zacks Investment Research has downgraded Interactive Brokers Group, Inc. (NASDAQ:IBKR) to Hold in a report released on Friday July 07, 2017.

See Chart Below

Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Interactive Brokers Group, Inc. has a price-earnings ratio of 39.73 with a one year low of $31.97 and a one year high of $41.00 IBKR’s total market value is presently $0.

In addition to Zacks Investment Research reporting its target price, a total of 3 firms have reported on the stock. The consensus target price is $39.33 with 0 firms rating the stock a strong buy, 2 firms rating the stock a buy, 2 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Interactive Brokers Group, Inc. (NASDAQ:IBKR)

Interactive Brokers Group, Inc. (IBG, Inc.) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders, and executing and processing trades in securities, futures, foreign exchange instruments, bonds and mutual funds on over 120 electronic exchanges and market centers around the world and offering custody, prime brokerage, securities and margin lending services to customers. It operates in two segments: electronic brokerage and market making. It conducts its electronic brokerage business through its Interactive Brokers (IB) subsidiaries. It conducts its market making business through its Timber Hill (TH) subsidiaries. In the United States, it conducts its business from Greenwich, Connecticut and Chicago, Illinois. Outside the United States, it conducts business in Canada, England, Switzerland, Liechtenstein, China (Hong Kong and Shanghai), India, Australia and Japan.

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