ITG Inc. (NASDAQ:ITG) Stock Has Average Target Price of $17.22

Shares of ITG Inc. (NASDAQ:ITG – Get Free Report) have received a consensus rating of “Moderate Buy” from the eleven research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $17.22.

ITG has been the subject of a number of research analyst reports. Wall Street Zen raised shares of ITG from a “hold” rating to a “buy” rating in a research report on Saturday, October 3rd. Vertical Research assumed coverage on ITG in a report on Monday, July 27th. They set a “buy” rating and a $20.00 price target on the stock. KeyCorp initiated coverage on ITG in a research note on Monday, July 27th. They issued an “overweight” rating and a $17.00 price target on the stock. Zacks Research raised ITG to a “hold” rating in a report on Tuesday, July 28th. Finally, Truist Financial reduced their price objective on ITG from $17.00 to $14.00 and set a “buy” rating for the company in a research report on Monday.

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ITG Stock Down 0.7%

Shares of NASDAQ ITG opened at $7.57 on Friday. The company’s 50-day moving average is $11.55. The company has a debt-to-equity ratio of 23.48, a quick ratio of 2.80 and a current ratio of 2.80. The stock has a market cap of $939.87 million and a P/E ratio of 94.62. ITG has a 52-week low of $6.55 and a 52-week high of $19.26.

ITG (NASDAQ:ITG – Get Free Report) last released its quarterly earnings data on Monday, June 22nd. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $333.92 million for the quarter. As a group, equities research analysts anticipate that ITG will post 0.54 EPS for the current fiscal year.

About ITG

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Investment Technology Group, Inc (NASDAQ: ITG) was a financial technology and brokerage company that provided electronic trading, transaction research and investment technology services to institutional investors. Its offerings were designed to help asset managers, hedge funds and other professional investors execute trades, analyze market activity and manage trading costs.

ITG operated trading platforms and alternative trading systems, including POSIT, an electronic crossing network that matched buy and sell orders.

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Analyst Recommendations for ITG (NASDAQ:ITG)

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