A number of firms have modified their ratings and price targets on shares of Investment Technology Group (NYSE: ITG) recently:

  • 8/6/2017 – Investment Technology Group was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/2/2017 – Investment Technology Group was upgraded by analysts at TheStreet from a “c” rating to a “b-” rating.
  • 7/31/2017 – Investment Technology Group was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/24/2017 – Investment Technology Group was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/18/2017 – Investment Technology Group was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Investment Technology Group is one of the leading providers of technology-based equity trading services and transaction research to institutional investors and brokers. ITG’s services help clients to access liquidity, execute trades more efficiently, and make better trading decisions. They offer a fully-integrated family of advanced trading services encompassing three business lines: POSIT, Client-Site Trading Products, and Electronic Trading Desk. “
  • 7/17/2017 – Investment Technology Group was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $25.00 price target on the stock. According to Zacks, “Investment Technology Group is one of the leading providers of technology-based equity trading services and transaction research to institutional investors and brokers. ITG’s services help clients to access liquidity, execute trades more efficiently, and make better trading decisions. They offer a fully-integrated family of advanced trading services encompassing three business lines: POSIT, Client-Site Trading Products, and Electronic Trading Desk. “
  • 7/11/2017 – Investment Technology Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Investment Technology Group is one of the leading providers of technology-based equity trading services and transaction research to institutional investors and brokers. ITG’s services help clients to access liquidity, execute trades more efficiently, and make better trading decisions. They offer a fully-integrated family of advanced trading services encompassing three business lines: POSIT, Client-Site Trading Products, and Electronic Trading Desk. “
  • 6/27/2017 – Investment Technology Group was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Investment Technology Group is one of the leading providers of technology-based equity trading services and transaction research to institutional investors and brokers. ITG’s services help clients to access liquidity, execute trades more efficiently, and make better trading decisions. They offer a fully-integrated family of advanced trading services encompassing three business lines: POSIT, Client-Site Trading Products, and Electronic Trading Desk. “

Investment Technology Group, Inc. (ITG) traded up 1.25% during midday trading on Monday, reaching $21.08. 143,242 shares of the company’s stock traded hands. The stock’s market cap is $698.28 million. The stock’s 50 day moving average price is $21.67 and its 200-day moving average price is $20.53. Investment Technology Group, Inc. has a one year low of $15.04 and a one year high of $22.69.

Investment Technology Group (NYSE:ITG) last released its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $0.14 EPS for the quarter, missing the consensus estimate of $0.18 by $0.04. Investment Technology Group had a positive return on equity of 3.08% and a negative net margin of 1.77%. The business had revenue of $121.60 million during the quarter, compared to the consensus estimate of $124 million. During the same quarter in the previous year, the business posted ($0.02) earnings per share. Investment Technology Group’s quarterly revenue was up .8% compared to the same quarter last year. Equities analysts predict that Investment Technology Group, Inc. will post $0.59 earnings per share for the current year.

Investment Technology Group, Inc (ITG) is a financial technology company that helps brokers and asset managers improve returns for investors around the world. The Company operates through four segments: U.S. Operations, Canadian Operations, European Operations and Asia Pacific Operations. These four segments provide categories of products and services, such as Execution Services, Workflow Technology and Analytics.

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