Rosenblatt Securities analyst Sean Horgan maintained a Buy rating on Virtu Financial (NASDAQ:VIRT) on Sunday, setting a price target of $35, which is approximately 11.11% above the present share price of $31.5.
Horgan expects Virtu Financial to post earnings per share (EPS) of $0.89 for the second quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Buy rating of shares in Virtu Financial, with an average price target of $30.
The analysts price targets range from a high of $35 to a low of $26.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $676.7 million and a net profit of $290.4 million. The company's market cap is $6.06 billion.
According to TipRanks.com, Rosenblatt Securities analyst Sean Horgan is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 72.92% success rate.
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.