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Enter Symbol:
 
BGC PARTNERS CL A (BGCP) [hlAlert]

Rating:
Outperform
BGCP
up 57.19 %

BGC PARTNERS CL A (BGCP) upgraded to Outperform by Raymond James

Posted on: Friday,  May 31, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform BGC PARTNERS CL A (NASDAQ: BGCP) on 05/31/2013, when the stock price was $5.63.
Since then, BGC PARTNERS CL A has gained 57.19% as of 01/21/2016's recent price of $8.85.
If you would have followed this Raymond James's recommendation on BGCP, you would have gained 57.19% of your investment in 965 days.

BGC Partners, Inc. (BGC) is a global inter-dealer broker specializing in the brokering of over the counter (OTC) financial instruments and related derivative products. The Company provides a range of hybrid execution and other brokerage services to the global banks, broker-dealers, investment banks and investment firms for a range of financial products globally. Through the eSpeed and BGCantor Market Data brands, the Company also offer financial technology solutions, market data, and analytics related to select financial instruments and markets. The services include execution, clearing, processing and other back office services. The brokerage services cover a range of products, including fixed income securities, interest rate swaps, foreign exchange, equity derivatives, credit derivatives, commodities, futures, structured products and other instruments. On April 1, 2008, the Company completed the merger of BGC Partners with and into eSpeed. In June 2009, it acquired Liquidez DTVM Ltda.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/31/2013 8:25 AM Buy
None
5.63
as of 12/13/2013
1 Week up  1.52 %
1 Month up  5.08 %
3 Months up  4.53 %
1 YTD up  6.39 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/19/2012 8:25 AM Hold
None
3.70

(*) Stock Price at the time of the recommendation.
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