Shares of ITG Inc. (NASDAQ:ITG – Get Free Report) have earned an average recommendation of “Buy” from the ten research firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $17.5556.
A number of analysts recently commented on ITG shares. UBS Group initiated coverage on ITG in a research report on Monday, July 27th. They set a “buy” rating and a $18.00 price target for the company. Wall Street Zen upgraded ITG to a “hold” rating in a research note on Sunday, July 12th. Stifel Nicolaus began coverage on ITG in a research report on Monday, July 27th. They set a “buy” rating and a $16.00 target price for the company. Bank of America started coverage on ITG in a research note on Monday, July 27th. They set a “buy” rating and a $16.00 target price on the stock. Finally, KeyCorp began coverage on shares of ITG in a report on Monday, July 27th. They issued an “overweight” rating and a $17.00 price target on the stock.
Check Out Our Latest Stock Report on ITG
ITG Stock Up 3.4%
ITG (NASDAQ:ITG – Get Free Report) last posted its earnings results on Monday, June 22nd. The company reported ($0.08) EPS for the quarter. The business had revenue of $333.92 million for the quarter. Research analysts anticipate that ITG will post 0.54 EPS for the current fiscal year.
About ITG
ITG, Inc was a financial services company best known for its institutional brokerage and trading services. The firm provided execution, electronic trading, and related brokerage solutions designed to help asset managers and other institutional investors trade securities more efficiently.
The company also offered portfolio trading, agency trading, and workflow tools that supported the investment process from order generation through execution. Over time, ITG developed technology-enabled services aimed at improving trading performance, transparency, and access to liquidity across equity markets.
ITG served institutional clients in the United States and other major financial markets.
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