ITG (NASDAQ:ITG – Free Report) had its target price lowered by KeyCorp from $17.00 to $13.00 in a research note issued to investors on Thursday morning, Marketbeat.com reports. The brokerage currently has an overweight rating on the stock.
Several other research analysts also recently commented on ITG. Weiss Ratings assumed coverage on shares of ITG in a research note on Friday, September 25th. They issued a “sell (e-)” rating on the stock. Wall Street Zen cut shares of ITG from a “buy” rating to a “hold” rating in a research report on Sunday, October 11th. 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 note on Monday, October 5th. UBS Group started coverage on shares of ITG in a research report on Monday, July 27th. They set a “buy” rating and a $18.00 target price on the stock. Finally, Citigroup assumed coverage on shares of ITG in a research report on Monday, July 27th. They set a “buy” rating and a $17.00 target price on the stock. Nine analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $16.78.
ITG Price Performance
Shares of NASDAQ:ITG opened at $5.79 on Thursday. The company has a debt-to-equity ratio of 23.48, a current ratio of 2.80 and a quick ratio of 2.80. The firm’s fifty day moving average is $10.88. ITG has a 1-year low of $5.50 and a 1-year high of $19.26. The company has a market capitalization of $718.89 million and a P/E ratio of 72.38.
ITG (NASDAQ:ITG – Get Free Report) last released its earnings results on Monday, June 22nd. The company reported ($0.08) earnings per share for the quarter. The firm had revenue of $333.92 million during the quarter. On average, sell-side analysts anticipate that ITG will post 0.54 earnings per share for the current fiscal 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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