FairFX Group (LON:EQLS) Receives “Buy” Rating from Canaccord Genuity

Canaccord Genuity restated their buy rating on shares of FairFX Group (LON:EQLS) in a report released on Wednesday morning, Digital Look reports. Canaccord Genuity currently has a GBX 135 ($1.76) target price on the stock.

Shares of LON:EQLS opened at GBX 124 ($1.62) on Wednesday. FairFX Group has a 52-week low of GBX 125 ($1.63) and a 52-week high of GBX 131 ($1.71). The stock has a market capitalization of $203.38 million and a PE ratio of 77.50.

FairFX Group Company Profile

FairFX Group Plc, through its subsidiaries, primarily provides foreign exchange payment services to private clients and corporations through prepaid currency cards, travel cash, and international money transfers in the United Kingdom. The company operates a cloud-based peer-to-peer payments platform that enables personal and business customers to make multi-currency payments in a range of currencies, and across a range of FX products through an integrated system.

Further Reading: What is a Market Correction?

Receive News & Ratings for FairFX Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FairFX Group and related companies with MarketBeat.com's FREE daily email newsletter.