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Commodities Trading Activities Helped Drive Intercontinental Exchange Inc’s 3rd-Quarter Results

TheMotleyFool 
0 0 02.11.17
Commodities Trading Activities Helped Drive Intercontinental Exchange Inc’s 3rd-Quarter Results
 
Commodities Trading Activities Helped Drive Intercontinental Exchange Inc’s 3rd-Quarter Results

Thanks to a combination of active capital markets and the execution of its strategic initiatives, Intercontinental Exchange (NYSE: ICE), or ICE, continued to grow revenue and earnings during the third quarter, enabling it to generate healthy free cash flow in the process. That's giving the company the money to reinvest in its business while still sending a growing stream of excess cash to investors.

Metric

Q3 2017

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Source: Fool.com

Intercontinental Exchange Inc. Stock

€125.34
0.480%
Intercontinental Exchange Inc. gained 0.480% compared to yesterday.
The stock is one of the favorites of our community with 27 Buy predictions and 1 Sell predictions.
As a result the target price of 140 € shows a slightly positive potential of 11.7% compared to the current price of 125.34 € for Intercontinental Exchange Inc..
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