Zacks Rating on BGC Partners (BGCP)

BGC Partners (BGCP) : 1 brokerage houses believe that BGC Partners (BGCP) is a Strong Buy at current levels. Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 1 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.


BGC Partners, Inc. has lost 1.14% in the last five trading days and dropped 2.24% in the last 4 weeks. BGC Partners, Inc. has dropped 2.56% during the last 3-month period . Year-to-Date the stock performance stands at -6.93%. BGC Partners (NASDAQ:BGCP): stock turned positive on Tuesday. Though the stock opened at $8.62, the bulls momentum made the stock top out at $8.7 level for the day. The stock recorded a low of $8.58 and closed the trading day at $8.67, in the green by 1.17%. The total traded volume for the day was 912,786. The stock had closed at $8.57 in the previous days trading.

BGC Partners Inc. (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services, which offers fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures and structured products, and Real Estate Services (or Newmark Grubb Knight Frank (NGKF)), which is a full-service commercial real estate platform that consists of its Real Estate Services segment. Through NGKF, the Company offers commercial real estate tenants, owners, investors and developers a range of services, including leasing and corporate advisory, investment sales and financial services, consulting, project management, and property and facilities management. The Company also provides broker-dealer services, clearing, processing, information, and other back-office services to a range of financial and non-financial institutions.

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