Compass Point cut shares of IntercontinentalExchange (NYSE: ICE) from a buy rating to a neutral rating in a research note issued to investors on Friday.
IntercontinentalExchange opened at 156.46 on Friday. IntercontinentalExchange has a 52-week low of $117.82 and a 52-week high of $158.47. The stock’s 50-day moving average is currently $136.. The company has a market cap of $11.367 billion and a price-to-earnings ratio of 20.81.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays Capital raised their price target on shares of IntercontinentalExchange from $145.00 to $147.00 in a research note to investors on Thursday, February 7th. They now have an overweight rating on the stock. Separately, analysts at Jefferies Group reiterated a buy rating on shares of IntercontinentalExchange in a research note to investors on Thursday, February 7th. They now have a $170.00 price target on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of IntercontinentalExchange in a research note to investors on Tuesday, February 5th. They now have a $148.00 price target on the stock.
Ten analysts have rated the stock with a buy rating, two have given an overweight rating, seven have assigned a hold rating, and one has issued an underweight rating to the stock. IntercontinentalExchange currently has an average rating of overweight and an average target price of $156.31.
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