Interactive Brokers falls as UBS cuts rating to 'neutral' - IBKR News | RalliesInteractive Brokers falls as UBS cuts rating to 'neutral'
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IBKR• UBS downgrades Interactive Brokers
- Shares of trading platform Interactive Brokers
IBKR.O fall 3.3% to $94 in early trading
- UBS downgrades IBKR to "neutral" from "buy", saying the stock already reflects much of the broker's growth advantages
- Brokerage notes the stock trades at about 26x consensus 2028 EPS, a premium valuation that already prices in its competitive strengths
- Adds that further upside would likely require the company to exceed already demanding investor expectations
- 11 of 15 analysts rate stock "strong buy" or "buy" and four "hold"; their median PT is $109 - data compiled by LSEG
- Including session's move, stock up 46.4% YTD
