ITG (NASDAQ:ITG) Now Covered by Analysts at Stifel Nicolaus

Stifel Nicolaus initiated coverage on shares of ITG (NASDAQ:ITG) in a research report report published on Monday morning, MarketBeat reports. The brokerage issued a buy rating and a $16.00 price objective on the stock.

ITG has been the subject of several other reports. Truist Financial began coverage on ITG in a research note on Monday. They set a “buy” rating and a $16.00 price objective for the company. Wall Street Zen upgraded ITG to a “hold” rating in a research report on Sunday, July 12th. Robert W. Baird assumed coverage on ITG in a research report on Monday. They set an “outperform” rating and a $19.00 price target for the company. KeyCorp started coverage on ITG in a research report on Monday. They set an “overweight” rating and a $17.00 price target for the company. Finally, UBS Group initiated coverage on ITG in a research note on Monday. They issued a “buy” rating and a $18.00 price objective for the company. Nine research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $17.56.

ITG Price Performance

ITG opened at $13.05 on Monday. The stock has a market cap of $1.58 billion, a P/E ratio of -699.00 and a beta of 0.69. ITG has a twelve month low of $10.37 and a twelve month high of $19.26.

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.