UBS Maintains a 'Buy' on FXCM Inc (FXCM); Raising Estimates After Solid June

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UBS maintains a 'Buy' on FXCM Inc (NYSE: FXCM) price target of $15.00.

Analyst, Alex Kramm raises Q2 EPS estimates after FXCM reported solid June metrics.

Retail customer trading volume of $317 billion in June 2012, 4% higher than May 2012 and flat with June 2011. Institutional customer trading volume of $161 billion in June 2012, 16% higher than May 2012 and 123% higher than June 2011.

For an analyst ratings summary and ratings history on FXCM Inc click here. For more ratings news on FXCM Inc click here.

Shares of FXCM Inc closed at $11.31 yesterday, with a 52 week range of $8.13-$14.30.

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