ITG (NASDAQ:ITG) Now Covered by Vertical Research

Analysts at Vertical Research started coverage on shares of ITG (NASDAQ:ITG) in a note issued to investors on Monday, Marketbeat reports. The brokerage set a “buy” rating and a $20.00 price target on the stock. Vertical Research’s price target suggests a potential upside of 48.59% from the stock’s current price.

Other analysts have also recently issued reports about the stock. Stifel Nicolaus began coverage on shares of ITG in a research note on Monday. They issued a “buy” rating and a $16.00 target price on the stock. UBS Group assumed coverage on shares of ITG in a report on Monday. They issued a “buy” rating and a $18.00 price target on the stock. KeyCorp initiated coverage on ITG in a research report on Monday. They set an “overweight” rating and a $17.00 target price for the company. Bank of America started coverage on ITG in a research note on Monday. They issued a “buy” rating and a $16.00 target price on the stock. Finally, Truist Financial began coverage on ITG in a report on Monday. They issued a “buy” rating and a $16.00 price target on the stock. Nine research analysts have rated the stock with a Buy rating, According to MarketBeat.com, ITG presently has an average rating of “Buy” and a consensus price target of $17.56.

ITG Stock Performance

Shares of ITG stock opened at $13.46 on Monday. ITG has a 12-month low of $10.37 and a 12-month high of $19.26. The stock has a market capitalization of $1.63 billion, a PE ratio of -699.00 and a beta of 0.69.

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.