Inter & Co. Inc. (NASDAQ:INTR) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Inter & Co. Inc. (NASDAQ:INTRGet Free Report) have earned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $9.16.

INTR has been the subject of several research reports. JPMorgan Chase & Co. decreased their target price on Inter & Co. Inc. from $11.00 to $9.00 and set an “overweight” rating for the company in a research report on Tuesday, May 12th. The Goldman Sachs Group dropped their price target on Inter & Co. Inc. from $13.00 to $11.50 and set a “buy” rating on the stock in a research report on Friday, May 8th. Wall Street Zen cut Inter & Co. Inc. from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Citigroup downgraded Inter & Co. Inc. from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $12.00 to $6.50 in a report on Monday, May 18th. Finally, UBS Group lowered their price objective on Inter & Co. Inc. from $9.40 to $8.80 and set a “buy” rating for the company in a research report on Tuesday, August 11th.

Get Our Latest Stock Report on INTR

Inter & Co. Inc. Price Performance

Shares of NASDAQ INTR opened at $5.32 on Thursday. Inter & Co. Inc. has a 1 year low of $5.04 and a 1 year high of $10.36. The stock has a market capitalization of $2.35 billion, a P/E ratio of 8.06, a P/E/G ratio of 0.20 and a beta of 0.95. The company’s 50-day moving average is $5.50 and its 200 day moving average is $6.96. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.90 and a quick ratio of 0.90.

Inter & Co. Inc. (NASDAQ:INTRGet Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.18 by $0.01. The business had revenue of $475.45 million during the quarter, compared to analyst estimates of $513.31 million. Inter & Co. Inc. had a net margin of 11.23% and a return on equity of 14.94%. On average, sell-side analysts expect that Inter & Co. Inc. will post 0.79 earnings per share for the current year.

Institutional Trading of Inter & Co. Inc.

Several hedge funds and other institutional investors have recently made changes to their positions in INTR. Caitong International Asset Management Co. Ltd increased its position in Inter & Co. Inc. by 15,133.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 7,312 shares of the company’s stock valued at $62,000 after buying an additional 7,264 shares in the last quarter. Barclays PLC purchased a new stake in Inter & Co. Inc. during the 4th quarter valued at about $63,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Inter & Co. Inc. during the fourth quarter valued at approximately $92,000. State of Wyoming purchased a new stake in shares of Inter & Co. Inc. during the fourth quarter valued at $122,000. Finally, Brooklyn Investment Group bought a new stake in Inter & Co. Inc. in the 4th quarter worth about $126,000. Hedge funds and other institutional investors own 22.90% of the company’s stock.

Inter & Co. Inc. Company Profile

(Get Free Report)

Inter & Co, Inc Is a holding company, which engages in the provision of financial products and services. It operates through the following segments: Banking, Securities, Insurance Brokerage, Marketplace, Asset Management, Service, and Other. The Banking segment offers checking accounts cards, deposits, loans and advances, and other services through mobile application. The Securities segment is involved in the acquisition, sale and custody of securities, the structuring and distribution of securities in the capital market, and the provision of administration services to investment funds.

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Analyst Recommendations for Inter & Co. Inc. (NASDAQ:INTR)

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