ITG (NASDAQ:ITG – Get Free Report) had its price objective lowered by equities research analysts at KeyCorp from $17.00 to $13.00 in a report issued on Thursday, Benzinga reports. The firm presently has an “overweight” rating on the stock. KeyCorp’s target price indicates a potential upside of 117.39% from the stock’s previous close.
A number of other analysts have also issued reports on the company. Bank of America assumed coverage on ITG in a report on Monday, July 27th. They issued a “buy” rating and a $16.00 target price on the stock. Robert W. Baird assumed coverage on ITG in a report on Monday, July 27th. They set an “outperform” rating and a $19.00 price target for the company. UBS Group began coverage on ITG in a research report on Monday, July 27th. They issued a “buy” rating and a $18.00 price objective for the company. Vertical Research began coverage on shares of ITG in a research note on Monday, July 27th. They issued a “buy” rating and a $20.00 price objective on the stock. Finally, Truist Financial dropped their target price on shares of ITG from $17.00 to $14.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Nine analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.78.
ITG Stock Down 20.3%
ITG (NASDAQ:ITG – Get Free Report) last posted its quarterly earnings data on Monday, June 22nd. The company reported ($0.08) earnings per share for the quarter. The company had revenue of $333.92 million during the quarter. On average, analysts expect 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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