Goldman Sachs Starts FX Alliance (FX) at Neutral
Tweet
Share
E-mailGet Alerts FX Hot Sheet
Price: $22.01 --0%
Rating Summary:
2 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
2 Buy, 4 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Goldman Sachs initiates coverage on FX Alliance (NYSE: FX) with a Neutral. PT $16.00.
The firm notes FX is a market leader in the electronic trading of institutional forex, which is growing at 19% CAGR. While the company is well positioned to consolidate a fragmented industry and benefit from scale enhancement over time, with the stock up 27% since its IPO near-term upside is limited.
For an analyst ratings summary and ratings history on FX Alliance click here. For more ratings news on FX Alliance click here.
Shares of FX Alliance closed at $15.19 yesterday.
The firm notes FX is a market leader in the electronic trading of institutional forex, which is growing at 19% CAGR. While the company is well positioned to consolidate a fragmented industry and benefit from scale enhancement over time, with the stock up 27% since its IPO near-term upside is limited.
For an analyst ratings summary and ratings history on FX Alliance click here. For more ratings news on FX Alliance click here.
Shares of FX Alliance closed at $15.19 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ICICI Securities Resumes Oberoi Realty Ltd (OBER:IN) at Buy (1)
- Raymond James Starts Polaryx Therapeutics (PLYX) at Strong Buy
- Canaccord Starts Galiano Gold (GAU:CN) at Buy
Create E-mail Alert Related Categories
New CoverageRelated Entities
Goldman SachsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
