In a report released today, Craig Siegenthaler from Bank of America Securities maintained a Buy rating on Virtu Financial (VIRT – Research Report). The company’s shares closed yesterday at $23.01.
According to TipRanks, Siegenthaler is a 5-star analyst with an average return of 13.5% and a 65.03% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as LPL Financial, Nasdaq, and Virtu Financial.
Virtu Financial has an analyst consensus of Moderate Buy, with a price target consensus of $22.45, implying a -2.43% downside from current levels. In a report released on April 29, Piper Sandler also assigned a Buy rating to the stock with a $25.00 price target.
VIRT market cap is currently $3.62B and has a P/E ratio of 16.05.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Virtu Financial (VIRT) Company Description:
Virtu Financial, Inc. engages in the provision of market making and liquidity services through its proprietary, multi-asset, and multi-currency technology platform. It operates through the following segments: Market Making, Execution Services, and Corporate. The Market Making segment involves in the buy and sell of securities and other financial instruments. The Execution Services segment agency offers trading venues that provide transparent trading in global equities, ETFs, and fixed income to institutions, banks and broker dealers. The Corporate segment consists investments in strategic financial services-oriented opportunities and maintains corporate overhead expenses and all other income and expenses that are not attributable to the other segments. The company was founded by Vincent J. Viola in 2008 and is headquartered in New York, NY.
Read More on VIRT:
