Where is BGC Group (BGC) Headed According to Analysts?

Group 1 - BGC Group, Inc. is recognized as one of the best undervalued stocks under $10, with recent developments enhancing its market position [1] - The company has been authorized as a U.K. registered benchmark administrator by the U.K. Financial Conduct Authority, allowing it to offer regulated benchmark reference data to clients [1][2] - The approved benchmark offerings include swaps pricing in EUR IRS, GBP IRS, XCCY swaps, and EU and U.K. Inflation swaps, which improve data quality and provide a strong alternative benchmark solution [1] Group 2 - The registration enables BGC Group to support valuation and risk management activities across key rate markets [2] - Piper Sandler has reiterated a Buy rating on BGC Group, setting a price target of $14, indicating positive market sentiment [2] - BGC Group provides a range of brokerage and financial technology services, specializing in various sectors including Foreign Exchange, Fixed Income, Equities, Shipping, Energy, Commodities, and Futures [3]