Bank of America started coverage on shares of ITG (NASDAQ:ITG – Free Report) in a research report report published on Monday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $16.00 target price on the stock.
Other equities research analysts have also recently issued reports about the company. KeyCorp began coverage on ITG in a research note on Monday. They set an “overweight” rating and a $17.00 price objective for the company. Citigroup assumed coverage on ITG in a research note on Monday. They issued a “buy” rating and a $17.00 price target for the company. Stifel Nicolaus assumed coverage on shares of ITG in a research report on Monday. They issued a “buy” rating and a $16.00 price target on the stock. 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. Finally, Wall Street Zen upgraded shares of ITG to a “hold” rating in a report on Sunday, July 12th. Nine analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $17.56.
Read Our Latest Stock Analysis on ITG
ITG Price Performance
About ITG
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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