FXCM Stock Values
FXCM has shed 90 percent of its value this year following the unexpected Swiss National Bank-inspired losses in January. Since January 21, the stock has traded between $1.25 and $3. KBW is not the only firm with a $1 price target, as both Barclays and Citi pegged prices there.
Some analysts are setting a share target price of $0.50 to $1 target price and Underperform & Sell rating on the FXCM stock, which closed Friday the 11th September 2015 at $0.89 per share, having fallen from a high of around $17.00 in January 2015.
KBW points to additional risks to FXCM's business, including added regulation, further unexpected losses, and "unforeseen material lawsuits." The analysts' message was clear: stay away.
The questions are; how long FXCM will remain in it's present form? AND how safe are your trading account deposits with FXCM?