ITG (NASDAQ:ITG – Get Free Report) was upgraded by research analysts at KeyCorp to a “strong-buy” rating in a research note issued to investors on Sunday,Zacks.com reports.
Several other research firms also recently commented on ITG. Wall Street Zen upgraded shares of ITG to a “hold” rating in a report on Sunday, July 12th. Citigroup initiated coverage on ITG in a research note on Monday. They issued a “buy” rating and a $17.00 price target for the company. Robert W. Baird started coverage on shares of ITG in a research note on Monday. They set an “outperform” rating and a $19.00 price objective on the stock. UBS Group assumed coverage on shares of ITG in a research report on Monday. They issued a “buy” rating and a $18.00 target price for the company. Finally, Truist Financial assumed coverage on shares of ITG in a research report on Monday. They set a “buy” rating and a $16.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating and six have given a Buy rating to the company’s stock. According to data from MarketBeat.com, ITG currently has a consensus rating of “Buy” and an average price target of $17.56.
ITG Trading Down 3.0%
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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