ITG (NASDAQ:ITG) Earns Buy Rating from Analysts at Truist Financial

Truist Financial assumed coverage on shares of ITG (NASDAQ:ITG) in a research report report published on Monday morning, MarketBeat.com reports. The brokerage issued a buy rating and a $16.00 target price on the stock.

Other research analysts also recently issued reports about the stock. Wall Street Zen raised shares of ITG to a “hold” rating in a research report on Sunday, July 12th. KeyCorp assumed coverage on shares of ITG in a research report on Monday. They issued an “overweight” rating and a $17.00 target price for the company. UBS Group started coverage on shares of ITG in a research note on Monday. They set a “buy” rating and a $18.00 target price on the stock. Robert W. Baird started coverage on shares of ITG in a research report on Monday. They set an “outperform” rating and a $19.00 price target on the stock. Finally, Citigroup started coverage on shares of ITG in a research note on Monday. They issued a “buy” rating and a $17.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. According to data from MarketBeat.com, ITG has a consensus rating of “Buy” and an average target price of $17.56.

ITG Stock Down 1.6%

Shares of ITG stock opened at $11.97 on Monday. ITG has a 52 week low of $10.37 and a 52 week high of $19.26. The company has a market cap of $1.45 billion, a P/E ratio of -699.00 and a beta of 0.69.

ITG News Roundup

Here are the key news stories impacting ITG this week:

• Positive Sentiment: Analyst sentiment strengthened: KeyCorp upgraded ITG to “Strong-Buy,” while UBS initiated coverage with a “Buy” rating and an $18 price target, and Robert W. Baird began coverage with an “Outperform” rating and a $19 target. Those targets imply substantial potential upside from recent trading levels. KeyCorp upgrade
• Positive Sentiment: KeyCorp expects improving earnings: Analyst S. Jain forecasts earnings per share of $0.50 for fiscal 2026 and $0.91 for fiscal 2027, with quarterly estimates of $0.11 for Q2 2026, $0.24 for Q3 and $0.16 for Q4. The projections suggest significant year-over-year earnings growth into 2027. KeyCorp earnings estimates
• Positive Sentiment: Broader institutional interest: Stifel Nicolaus, Truist Financial, Vertical Research and Bank of America all initiated coverage of ITG, expanding the number of analysts evaluating the company and potentially improving investor awareness. Stifel coverage
• Neutral Sentiment: The stock’s lower trading direction is occurring even as analyst actions remain broadly bullish. Because the reports provide ratings and forecasts rather than new operating results, investors may be waiting for financial results or further guidance before assigning greater value to the optimistic outlook.

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.