ITG (NASDAQ:ITG) Upgraded to Strong-Buy at UBS Group

UBS Group upgraded shares of ITG (NASDAQ:ITGFree Report) to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

Other research analysts also recently issued research reports about the company. KeyCorp initiated coverage on ITG in a research note on Monday. They issued an “overweight” rating and a $17.00 target price for the company. Morgan Stanley assumed coverage on ITG in a research report on Monday. They set an “overweight” rating and a $19.00 price target on the stock. Vertical Research initiated coverage on shares of ITG in a report on Monday. They issued a “buy” rating and a $20.00 price target on the stock. Truist Financial began coverage on shares of ITG in a research report on Monday. They issued a “buy” rating and a $16.00 price objective for the company. Finally, Stifel Nicolaus began coverage on shares of ITG in a research note on Monday. They set a “buy” rating and a $16.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $17.56.

Read Our Latest Research Report on ITG

ITG Price Performance

Shares of NASDAQ ITG opened at $13.05 on Monday. ITG has a fifty-two week low of $10.37 and a fifty-two week high of $19.26. The firm has a market capitalization of $1.58 billion, a PE ratio of -699.00 and a beta of 0.69.

ITG Company Profile

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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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Analyst Recommendations for ITG (NASDAQ:ITG)

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