Are Wall Street Analysts Predicting Intercontinental Exchange Stock Will Climb or Sink?

Intercontinental Exchange, Inc. (ICE) is a leading financial services company that operates global financial exchanges, clearing houses, and associated technology and data services. ICE owns and manages a diverse portfolio of regulated marketplaces, including futures, options, and equities exchanges and provides data, analytics, and mortgage technology solutions to financial institutions, corporations, and governments worldwide. The company, which also owns the New York Stock Exchange (NYSE), is headquartered in Atlanta, Georgia. It has a market cap of $99.1 billion.

The stock has underperformed the broader market over the past year but has outpaced it this year. The stock has soared 8.4% over the past 52 weeks and 6.9% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 15.5% gains over the past year and 1.9% returns on a YTD basis.