Goldman Sachs Added Knight Capital (KCG) to Conviction Buy List, Benefits From Market Volatility

August 11, 2011 7:09 AM EDT
Get Alerts KCG Hot Sheet
Price: $20.00 --0%

Rating Summary:
    3 Buy, 2 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs added Knight Capital Group (NYSE: KCG) to its Conviction Buy List with a price target of $13.50, suggesting 24% upside.

The firm said no stock is as well positioned to benefit from U.S. equity market volatility, and cost reductions and ability to buy-back up to 16% of shares attractive.

For more ratings news on Knight Capital Group click here and for the rating history of Knight Capital Group click here.

Shares of Knight Capital Group closed at $10.88 yesterday.


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