ITG (NASDAQ:ITG) Stock Rating Upgraded by KeyCorp

ITG (NASDAQ:ITGGet Free Report) was upgraded by KeyCorp to a “strong-buy” rating in a research note issued to investors on Sunday,Zacks.com reports.

A number of other analysts have also weighed in on ITG. Bank of America assumed coverage on shares of ITG in a report on Monday. They issued a “buy” rating and a $16.00 price target for the company. UBS Group started coverage on ITG in a research report on Monday. They issued a “buy” rating and a $18.00 price objective on the stock. Morgan Stanley began coverage on ITG in a research note on Monday. They issued an “overweight” rating and a $19.00 target price for the company. Citigroup assumed coverage on ITG in a research report on Monday. They set a “buy” rating and a $17.00 target price for the company. Finally, Stifel Nicolaus started coverage on ITG in a research note on Monday. They set a “buy” rating and a $16.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating and six have assigned a Buy rating to the stock. Based on data from MarketBeat.com, ITG presently has an average rating of “Buy” and an average target price of $17.56.

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ITG Stock Performance

NASDAQ ITG opened at $13.05 on Friday. ITG has a one year low of $10.37 and a one year high of $19.26. The company has a market cap of $1.58 billion, a P/E ratio of -699.00 and a beta of 0.69.

ITG Company Profile

(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.

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