ITG (NASDAQ:ITG) Stock Gets Price Target Reduction from KeyCorp

ITG (NASDAQ:ITG) had its price target decreased by stock analysts at KeyCorp from $13.00 to $10.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. KeyCorp‘s price objective points to a potential upside of 88.32% from the stock’s current price.

ITG has been the topic of a number of other reports. Citigroup dropped their price target on ITG from $17.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, October 23rd. UBS Group began coverage on ITG in a research note on Monday, July 27th. They issued a “buy” rating and a $18.00 price target on the stock. Wall Street Zen lowered ITG from a “buy” rating to a “hold” rating in a research report on Sunday, October 11th. Morgan Stanley lowered their price objective on ITG from $18.00 to $9.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Weiss Ratings started coverage on ITG in a research note on Friday, September 25th. They set a “sell (e-)” rating for the company. Nine research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $12.78.

ITG Price Performance

NASDAQ ITG traded up $0.18 during trading hours on Thursday, reaching $5.31. 120,091 shares of the company’s stock traded hands, compared to its average volume of 513,303. ITG has a 52-week low of $4.11 and a 52-week high of $19.26. The company has a current ratio of 2.80, a quick ratio of 2.80 and a debt-to-equity ratio of 23.48. The business’s 50-day simple moving average is $8.23. The company has a market cap of $659.29 million and a price-to-earnings ratio of 64.25.

ITG (NASDAQ:ITG) last announced its quarterly earnings data on Wednesday, November 11th. The company reported $0.22 earnings per share for the quarter. The business had revenue of $461.53 million during the quarter. Sell-side analysts forecast that ITG will post 0.54 EPS for the current fiscal year.

Institutional Trading of ITG

An institutional investor recently bought a new position in ITG stock. Pictet Asset Management Holding SA acquired a new stake in shares of ITG Inc. (NASDAQ:ITG) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 659,623 shares of the company’s stock, valued at approximately $5,129,000. Pictet Asset Management Holding SA owned approximately 0.53% of ITG as of its most recent filing with the Securities and Exchange Commission.

ITG News Summary

Here’s some of the latest news about ITG:

• Positive Sentiment: ITG said third-quarter revenue and adjusted EBITDA reached records and exceeded its outlook. Adjusted EBITDA increased 64%, and the company now expects fiscal 2026 revenue and adjusted EBITDA growth of approximately 37%. ITG Q3 2026 results
• Positive Sentiment: For the quarter, ITG reported EPS of $0.22 and revenue of $461.53 million. The company also reported that it expects about $1.6 billion in fiscal 2026 revenue. ITG third-quarter results
• Neutral Sentiment: ITG’s fiscal-year revenue guidance of $1.6 billion and fourth-quarter revenue guidance of $378 million were in line with consensus, offering no clear surprise versus expectations.

ITG Company Profile

Investment Technology Group, Inc. (ITG) was a financial technology and agency brokerage firm serving institutional investors. Its services included trade execution, execution algorithms, trading analytics and tools designed to help clients manage and evaluate their equity trading. ITG’s products included POSIT, an alternative trading system that matched buyers and sellers, and Triton, an execution management system. The company also provided transaction-cost analysis and related research to help clients assess trading performance.