The Latest Breaking News from Intercontinental Exchange

Despite Intercontinental Exchange recently outperforming the financial sector, analysts remain optimistic about the stock’s prospects, citing the strong demand for copper in the market.

Despite Intercontinental Exchange’s mixed performance relative to the broader markets over the past year, Wall Street analysts remain bullish about the stock’s outlook.

Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 10 years by 2.89% on an annualized basis producing an average annual return of 13.63%. Currently, Intercontinental Exchange has a market capitalization of $54.06 billion.

Over the past 3 months, 12 analysts have published their opinion on Intercontinental Exchange (NYSE:ICE) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Intercontinental Exchange's (NYSE:ICE) short percent of float has risen 15.07% since its last report. The company recently reported that it has 4.62 million shares sold short, which is 0.84% of all regular shares that are available for trading.

Intercontinental Exchange (NYSE:ICE) has outperformed the market over the past 15 years by 1.68% on an annualized basis producing an average annual return of 7.83%. Currently, Intercontinental Exchange has a market capitalization of $54.02 billion.

Pulled from Benzinga Pro data, Intercontinental Exchange (NYSE:ICE) showed a loss in earnings since Q4, totaling $667.00 million. Sales, on the other hand, increased by 3.21% to $1.90 billion during Q1.

Within the last quarter, Intercontinental Exchange (NYSE:ICE) has observed the following analyst ratings:

Let's start with a brief history. The U.S Federal Reserve established The Dollar Index, nicknamed the Dixie, in March 1973 soon after the dismantling of the Bretton Woods Agreement. At its start, the base value was 100 and values since then are relative to the base.  It is now maintained…