Inter & Co, Inc. (NASDAQ:INTR – Get Rating) announced its earnings results on Tuesday. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.04, Yahoo Finance reports. The firm had revenue of $217.64 million during the quarter, compared to analysts’ expectations of $173.14 million.
Inter & Co, Inc. Trading Down 4.9 %
Shares of Inter & Co, Inc. stock opened at $1.55 on Thursday. Inter & Co, Inc. has a 1 year low of $1.53 and a 1 year high of $4.63. The firm’s 50-day moving average is $2.22 and its two-hundred day moving average is $2.67.
Wall Street Analyst Weigh In
Several research analysts recently commented on the stock. The Goldman Sachs Group raised shares of Inter & Co, Inc. from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $4.60 to $4.20 in a research note on Tuesday, January 31st. Grupo Santander downgraded shares of Inter & Co, Inc. from an “outperform” rating to a “neutral” rating and set a $2.80 price target on the stock. in a research note on Thursday, December 8th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Inter & Co, Inc. currently has an average rating of “Hold” and a consensus price target of $3.73.
Institutional Inflows and Outflows
About Inter & Co, Inc.
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.
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