Bank of America Raises Virtu Financial Price Target to $52, Maintains Neutral Rating

Bank of America has raised its price target for Virtu Financial (VIRT) from $51 to $52, maintaining a Neutral rating. Virtu Financial operates as a technology-driven market maker and liquidity provider across global financial markets. The company has a trailing twelve-month revenue of $3.378 billion and a one-year revenue growth rate of 41.1%. However, the Altman Z-Score and interest coverage ratio raise concerns, and recent insider selling transactions are also a cautionary sign. Virtu Financial's valuation metrics present a mixed picture, with a P/E ratio of 9.86 close to its two-year low, but P/B and P/S ratios within historical ranges.

Bank of America Securities and Wells Fargo have maintained their Hold ratings on Virtu Financial (VIRT), with price targets of $52.00 and $371.00, respectively. The average analyst consensus rating for Virtu Financial is Hold with a $46.50 target, while Everest Group (EG) is rated Moderate Buy with a $385.60 target [1].

Virtu Financial, a technology-driven market maker and liquidity provider, recently reported earnings per share (EPS) of $1.65 for the quarter, beating analysts' estimates of $1.01 by $0.64. The company's shares traded up $0.73 during trading hours on July 30, 2025, hitting $44.77. However, the company's valuation metrics present a mixed picture. The P/E ratio of 9.86 is close to its two-year low, while P/B and P/S ratios are within historical ranges [2].

Institutional investors have shown interest in Everest Group, with hedge funds and other institutional investors adding to their stakes. Vulcan Value Partners LLC grew its holdings by 279.1% during the fourth quarter, now owning 978,713 shares valued at $354,768,000 [1]. Everest Group's quarterly earnings results for the second quarter of 2025 showed a $17.36 EPS, beating the consensus estimate of $15.14 by $2.22, with revenue of $4.49 billion [2].

Both companies have seen recent changes in their executive leadership and board members. Everest Group announced the appointment of Allan Levine as an independent, non-executive member of its board of directors and Jill Beggs promoted to Executive Vice President and Chief Executive Officer of Reinsurance [2].

References:
[1] https://www.marketbeat.com/instant-alerts/everest-group-ltd-nyseeg-given-consensus-recommendation-of-moderate-buy-by-analysts-2025-08-01/
[2] https://www.marketscreener.com/news/everest-group-q2-operating-earnings-revenue-rise-ce7c5fdcd88afe2d