Investment analysts at Truist Financial assumed coverage on shares of ITG (NASDAQ:ITG – Get Free Report) in a research report issued to clients and investors on Monday,Benzinga reports. The firm set a “buy” rating and a $16.00 price target on the stock. Truist Financial’s price objective would suggest a potential upside of 18.87% from the company’s current price.
Other research analysts have also issued research reports about the company. Morgan Stanley initiated coverage on ITG in a research note on Monday. They set an “overweight” rating and a $19.00 price target on the stock. Robert W. Baird started coverage on ITG in a research note on Monday. They issued an “outperform” rating and a $19.00 target price for the company. Wall Street Zen upgraded ITG to a “hold” rating in a research report on Sunday, July 12th. UBS Group started coverage on ITG in a report on Monday. They issued a “buy” rating and a $18.00 price target for the company. Finally, KeyCorp assumed coverage on shares of ITG in a research note on Monday. They set an “overweight” rating and a $17.00 price objective for the company. Seven equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $17.50.
Check Out Our Latest Stock Analysis on ITG
ITG Stock Performance
ITG Company Profile
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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