J.P. Morgan Maintains a Sell Rating on Virtu Financial

In a report released today, Ken Worthington from J.P. Morgan maintained a Sell rating on Virtu Financial (NASDAQ: VIRT), with a price target of $22. The company’s shares closed yesterday at $27.40, close to its 52-week high of $28.90.

According to TipRanks.com, Worthington is a 1-star analyst with an average return of 0.0% and a 50.0% success rate. Worthington covers the Financial sector, focusing on stocks such as Pzena Investment Management Inc, Apollo Global Management LLC, and Intercontinental Exchange.

Virtu Financial has an analyst consensus of Hold, with a price target consensus of $24.50.

The company has a one-year high of $28.90 and a one-year low of $13.10. Currently, Virtu Financial has an average volume of 591.1K.

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, Inc. is a liquidity provider to the global financial markets. It engages in the provision of buying and selling of securities and other financial instruments. The company was founded by Vincent Viola in 2008 and is headquartered in New York, NY.

Leave a Reply

Your email address will not be published. Required fields are marked *