| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/03/2023 | 45.35% | Piper Sandler | $7 → $7.5 | Maintains | Overweight |
| 07/05/2023 | 35.66% | Piper Sandler | $8.5 → $7 | Maintains | Overweight |
What is the target price for BGC Group (BGC)?
The latest price target for BGC Group (NASDAQ: BGC) was reported by Piper Sandler on August 3, 2023. The analyst firm set a price target for $7.50 expecting BGC to rise to within 12 months (a possible 45.35% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for BGC Group (BGC)?
The latest analyst rating for BGC Group (NASDAQ: BGC) was provided by Piper Sandler, and BGC Group maintained their overweight rating.
When is the next analyst rating going to be posted or updated for BGC Group (BGC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of BGC Group, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for BGC Group was filed on August 3, 2023 so you should expect the next rating to be made available sometime around August 3, 2024.
Is the Analyst Rating BGC Group (BGC) correct?
While ratings are subjective and will change, the latest BGC Group (BGC) rating was a maintained with a price target of $7.00 to $7.50. The current price BGC Group (BGC) is trading at is $5.16, which is out of the analyst's predicted range.