Stocks of Inter & Co Inc. (NASDAQ:INTR) traded higher last session on Wall Street, down -8.94% to $1.63.
According to the data, Inter & Co Inc. (NASDAQ:INTR) has 12 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $4.98 and a low of $2.50, we find $3.42. Given the previous closing price of $1.79, this indicates a potential upside of 91.06 percent. INTR stock price is now -27.14% away from the 50-day moving average and -42.09% away from the 200-day moving average. The market capitalization of the company currently stands at $681.27M.
Do You Know The Best Place To Find Gains In Volatile Markets?
In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.
Click here for full details and to join for free.
Sponsored
A total of 2 analysts have issued a hold rating and 9 have given it a buy rating. Brokers who have rated the stock have averaged $3.57 as their price target over the next twelve months.
With the price target reduced from $4.60 to $4.20, Goldman Upgraded its rating from Neutral to Buy for Inter & Co Inc. (NASDAQ: INTR). On September 06, 2022, Goldman Upgraded its previous ‘Sell’ rating to ‘Neutral’ on the stock increasing its target price from $3.90 to quote $5.
A total of 28.51% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in INTR stock. A new stake in Inter & Co Inc. shares was purchased by OASIS MANAGEMENT CO LTD. during the first quarter worth $1,630,000. BANK OF NEW YORK MELLON CORP invested $379,000 in shares of INTR during the first quarter. In the first quarter, GSA CAPITAL PARTNERS LLP acquired a new stake in Inter & Co Inc. valued at approximately $135,000. RENAISSANCE TECHNOLOGIES LLC acquired a new stake in INTR for approximately $109,000. HRT FINANCIAL LP purchased a new stake in INTR valued at around $98,000 in the second quarter. In total, there are 27 active investors with 7.70% ownership of the company’s stock.
Tuesday’s opening bell rang with an opening price of $1.8300 for Inter & Co Inc. (NASDAQ: INTR). During the past 12 months, Inter & Co Inc. has had a low of $1.72 and a high of $4.63. The fifty day moving average price for INTR is $2.2247 and a two-hundred day moving average price translates $2.8082 for the stock.
The latest earnings results from Inter & Co Inc. (NASDAQ: INTR) was released for Sep, 2022. The net profit margin was -5.40% and return on equity was -2.70% for INTR. For the current quarter, analysts expect INTR to generate $192.04M in revenue.
Inter & Co Inc.(INTR) Company Profile
Inter & Co, Inc., through its subsidiaries, engages in the banking, securities, insurance brokerage, marketplace, asset management, and services businesses. The company’s Banking segment offers banking products and services, including checking accounts, cards, deposits, loans and advances, and other services. Its Securities segment provides services relating to the purchase, sale, and custody of securities; and portfolio management, as well as the establishment, organization, and management of investment funds. The company’s Insurance Brokerage segment offers life, property, auto, financial, lost or stolen credit card, dental, warranties, travel, and credit protection insurance products. Its Marketplace segment operates a digital platform that offer goods and/or services to its customers. The company’s Asset Management segment is involved in the operations related to the management of fund portfolios and other assets. Its Services segment provides services in the collection and management of personal information; development and licensing of customized and non-customized computer programs; and technical support, maintenance, and other information technology services. The company was founded in 1994 and is based in Belo Horizonte, Brazil.
