ITG (NASDAQ:ITG) Now Covered by Truist Financial

Truist Financial assumed coverage on shares of ITG (NASDAQ:ITGFree Report) in a research report released on Monday morning, Marketbeat reports. The firm issued a buy rating and a $16.00 price target on the stock.

Other equities research analysts also recently issued research reports about the stock. Morgan Stanley initiated coverage on shares of ITG in a research note on Monday. They set an “overweight” rating and a $19.00 price target on the stock. UBS Group began coverage on shares of ITG in a research note on Monday. They issued a “buy” rating and a $18.00 price objective for the company. Wall Street Zen raised shares of ITG to a “hold” rating in a report on Sunday, July 12th. Citigroup assumed coverage on shares of ITG in a research report on Monday. They set a “buy” rating and a $17.00 target price on the stock. Finally, Robert W. Baird started coverage on shares of ITG in a research report on Monday. They issued an “outperform” rating and a $19.00 price target for the company. Nine analysts have rated the stock with a Buy rating, According to MarketBeat, ITG presently has an average rating of “Buy” and a consensus price target of $17.56.

Check Out Our Latest Research Report on ITG

ITG Trading Down 3.0%

ITG opened at $13.05 on Monday. The company has a market cap of $1.58 billion, a PE ratio of -699.00 and a beta of 0.69. ITG has a 1 year low of $10.37 and a 1 year high of $19.26.

ITG Company Profile

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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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