ITG (NASDAQ:ITG) Research Coverage Started at Bank of America

Bank of America began coverage on shares of ITG (NASDAQ:ITG) in a research note issued to investors on Monday, MarketBeat.com reports. The firm issued a buy rating and a $16.00 price target on the stock.

Several other analysts have also commented on the stock. Stifel Nicolaus started coverage on shares of ITG in a report on Monday. They issued a “buy” rating and a $16.00 price objective for the company. Robert W. Baird assumed coverage on ITG in a research note on Monday. They issued an “outperform” rating and a $19.00 target price for the company. Citigroup began coverage on ITG in a report on Monday. They issued a “buy” rating and a $17.00 price objective for the company. Morgan Stanley initiated coverage on shares of ITG in a report on Monday. They set an “overweight” rating and a $19.00 target price on the stock. Finally, Truist Financial assumed coverage on shares of ITG in a research report on Monday. They issued a “buy” rating and a $16.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, ITG has an average rating of “Buy” and an average target price of $17.56.

ITG Price Performance

Shares of NASDAQ ITG opened at $11.97 on Monday. ITG has a 12 month low of $10.37 and a 12 month high of $19.26. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of -699.00 and a beta of 0.69.

More ITG News

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.

ITG Company Profile

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.