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Stock analysts at Sandler O’Neill dropped their target price on shares of FXCM (NASDAQ:FXCM) from $14.00 to $13.50 in a report issued on Friday. Sandler O’Neill’s target price would indicate a potential upside of 5.14% from the stock’s previous close.

Shares of FXCM (NASDAQ:FXCM) opened at 12.84 on Friday. FXCM has a one year low of $12.05 and a one year high of $19.97. The stock’s 50-day moving average is $13.81 and its 200-day moving average is $14.92. The company has a market cap of $588.6 million and a price-to-earnings ratio of 47.31.

FXCM (NASDAQ:FXCM) last released its earnings data on Thursday, August 7th. The company reported ($0.02) EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.02 by $0.04. The company had revenue of $97.90 million for the quarter, compared to the consensus estimate of $96.30 million. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was down 30.1% on a year-over-year basis. On average, analysts predict that FXCM will post $0.28 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse cut their price target on shares of FXCM from $15.50 to $12.00 in a research note on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Raymond James reiterated an “outperform” rating on shares of FXCM in a research note on Friday. They now have a $16.00 price target on the stock, down previously from $17.00. Finally, analysts at Citigroup Inc. set a $14.00 price target on shares of FXCM in a research note on Friday. Six analysts have rated the stock with a buy rating, FXCM has a consensus rating of “Buy” and an average price target of $14.67.

FXCM Inc (NASDAQ:FXCM) is an online provider of foreign exchange (FX) trading and related services to approximately 170,930 active retail customers globally.

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