KCG Holdings (KCG) : Analyst Rating Update

KCG Holdings (KCG) : 4 analysts are covering KCG Holdings (KCG) and their average rating on the stock is 1.75, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. KCG Holdings (KCG) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

KCG Holdings (KCG) stock is expected to deviate a maximum of $2.12 from the average target price of $15.5 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $17 and the most muted being $14.

KCG Holdings (NYSE:KCG): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.04 and $12.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.26, notching a gain of 0.91% for the day. The total traded volume was 220,541 . The stock had closed at $13.14 on the previous day.

Also, Buckingham Research initiates coverage on KCG Holdings (NYSE:KCG). According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 7, 2016. The company shares have rallied 11.64% from its 1 Year high price. On Jun 1, 2016, the shares registered one year high at $14.34 and the one year low was seen on Aug 12, 2015. The 50-Day Moving Average price is $13.59 and the 200 Day Moving Average price is recorded at $12.23.

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