ITG Inc. (NASDAQ:ITG – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $16.78.
Several research firms have commented on ITG. Truist Financial dropped their price target on shares of ITG from $17.00 to $14.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Weiss Ratings assumed coverage on ITG in a research note on Friday, September 25th. They issued a “sell (e-)” rating on the stock. Robert W. Baird initiated coverage on ITG in a report on Monday, July 27th. They issued an “outperform” rating and a $19.00 target price for the company. Stifel Nicolaus initiated coverage on ITG in a report on Monday, July 27th. They issued a “buy” rating and a $16.00 target price for the company. Finally, Vertical Research started coverage on ITG in a research note on Monday, July 27th. They set a “buy” rating and a $20.00 target price for the company.
View Our Latest Stock Analysis on ITG
ITG Trading Down 2.5%
ITG traded down $0.15 during mid-day trading on Friday, hitting $5.79. 484,666 shares of the stock were exchanged, compared to its average volume of 719,922. The firm’s fifty day moving average price is $10.88. ITG has a 1-year low of $5.50 and a 1-year high of $19.26. The company has a current ratio of 2.80, a quick ratio of 2.80 and a debt-to-equity ratio of 23.48. The company has a market cap of $718.89 million and a P/E ratio of 72.38.
ITG (NASDAQ:ITG – Get Free Report) last released its earnings results on Monday, June 22nd. The company reported ($0.08) earnings per share for the quarter. The business had revenue of $333.92 million during the quarter. As a group, research analysts anticipate that ITG will post 0.54 earnings per share for the current year.
ITG Company Profile
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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