ITG (NASDAQ:ITG) Now Covered by Bank of America

Investment analysts at Bank of America assumed coverage on shares of ITG (NASDAQ:ITGGet Free Report) in a research note issued to investors on Monday. The brokerage set a “buy” rating and a $16.00 price target on the stock. Bank of America‘s price target would suggest a potential upside of 18.87% from the company’s current price.

Several other equities analysts have also recently issued reports on ITG. Citigroup initiated coverage on shares of ITG in a research report on Monday. They issued a “buy” rating and a $17.00 price target for the company. KeyCorp started coverage on shares of ITG in a report on Monday. They set an “overweight” rating and a $17.00 price target on the stock. Robert W. Baird assumed coverage on shares of ITG in a research note on Monday. They issued an “outperform” rating and a $19.00 price objective on the stock. Truist Financial initiated coverage on ITG in a report on Monday. They issued a “buy” rating and a $16.00 price objective for the company. Finally, Wall Street Zen raised ITG to a “hold” rating in a research report on Sunday, July 12th. Nine equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, ITG currently has an average rating of “Buy” and a consensus target price of $17.56.

Check Out Our Latest Research Report on ITG

ITG Price Performance

Shares of NASDAQ ITG opened at $13.46 on Monday. The company has a market capitalization of $1.63 billion, a P/E 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.

About ITG

(Get Free Report)

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.

Further Reading

Analyst Recommendations for ITG (NASDAQ:ITG)

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