FXCM Given “Hold” by Analysts (NYSE:FXCM)
February 22nd, 2015
FXCM logoShares of FXCM (NYSE:FXCM) have earned a consensus rating of “Hold” from the eleven analysts that are currently covering the company, AnalystRatings.NET reports. Four analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $6.40.
Several analysts have recently commented on the stock. Analysts at Vetr downgraded shares of FXCM from a “strong-buy” rating to a “buy” rating and set a $3.27 price target on the stock in a research note on Wednesday. Analysts at TheStreet downgraded shares of FXCM from a “hold” rating to a “sell” rating in a research note on Friday, February 13th. Analysts at Zacks downgraded shares of FXCM from an “outperform” rating to a “neutral” rating and set a $1.70 price target on the stock in a research note on Wednesday, January 21st. Finally, analysts at Keefe, Bruyette & Woods upgraded shares of FXCM from an “underperform” rating to a “market perform” rating and lowered their price target for the stock from $4.50 to $1.50 in a research note on Wednesday, January 21st.
Shares of FXCM (NYSE:FXCM) traded up 2.51% during mid-day trading on Monday, hitting $2.04. 2,834,213 shares of the company’s stock traded hands. FXCM has a 1-year low of $1.28 and a 1-year high of $17.44. The stock has a 50-day moving average of $6.65 and a 200-day moving average of $13.43. The company has a market cap of $96.2 million and a price-to-earnings ratio of 18.95.
FXCM Inc (NYSE:FXCM) is an online provider of foreign exchange (FX) trading and related services to approximately 170,930 active retail customers globally. The Company offers its customers access to over-the-counter (OTC) FX markets through its technology platform