ITG (NASDAQ:ITG) Earns Buy Rating from Analysts at Bank of America

Research analysts at Bank of America assumed coverage on shares of ITG (NASDAQ:ITGGet Free Report) in a research note issued on Monday. The firm set a “buy” rating and a $16.00 price target on the stock. Bank of America‘s price objective suggests a potential upside of 18.87% from the stock’s previous close.

Several other equities research analysts also recently weighed in on ITG. Robert W. Baird initiated coverage on shares of ITG in a research note on Monday. They issued an “outperform” rating and a $19.00 price target for the company. Truist Financial assumed coverage on shares of ITG in a research report on Monday. They set a “buy” rating and a $16.00 price objective on the stock. Morgan Stanley started coverage on ITG in a research note on Monday. They issued an “overweight” rating and a $19.00 target price for the company. Citigroup assumed coverage on ITG in a research note on Monday. They set a “buy” rating and a $17.00 price target on the stock. Finally, UBS Group began coverage on ITG in a report on Monday. They issued a “buy” rating and a $18.00 price target on the stock. Nine equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $17.56.

Check Out Our Latest Analysis on ITG

ITG Stock Performance

ITG stock opened at $13.46 on Monday. The firm has a market cap of $1.63 billion, a P/E ratio of -699.00 and a beta of 0.69. ITG has a 12-month low of $10.37 and a 12-month high of $19.26.

About ITG

(Get Free Report)

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.

Further Reading

Analyst Recommendations for ITG (NASDAQ:ITG)

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