A number of stock research firms have changed their ratings and price targets for IntercontinentalExchange (NYSE: ICE) during the last seven days:

  • IntercontinentalExchange had its “neutral” rating reaffirmed by analysts at Zacks. They now have a $140.00 price target on the stock.
  • IntercontinentalExchange had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $160.00 price target on the stock.
  • IntercontinentalExchange had its “outperform” rating reaffirmed by analysts at Macquarie. They now have a $150.00 price target on the stock.
  • IntercontinentalExchange had its “overweight” rating reaffirmed by analysts at JPMorgan Chase. They now have a $157.00 price target on the stock. They wrote, “We recommend ICE as a core investment idea. We model earnings growth of 6.8% in 2012, which we believe is impressive given a solid 2011 in terms of volumes. We feel success at ICE is based on its focus on the fast growing commodity trading business and a management team that is proactive in terms of both new initiatives and transactions. We see growth opportunities coming out of Carbon and Gas trading in Europe, Brazil initiatives, and the potential for greater involvement in OTC clearing, beyond CDS clearing.”
  • IntercontinentalExchange had its “buy” rating reaffirmed by analysts at Jefferies Group. They now have a $160.00 price target on the stock.
  • IntercontinentalExchange had its “market perform” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $142.00 price target on the stock.

Shares of IntercontinentalExchange traded down 0.77% during mid-day trading on Wednesday, hitting $128.68. IntercontinentalExchange has a one year low of $110.67 and a one year high of $142.75. The company has a market cap of $9.363 billion and a P/E ratio of 17.29.

IntercontinentalExchange, Inc. (ICE) is an operator of global futures exchanges, over-the-counter (OTC), markets, derivatives clearing houses and post-trade services.