Zacks Investment Research downgraded shares of GFI GROUP INC (GFIG) from NEUTRAL to UNDERPERFORM on May 03, 2012, with a target price of $2.90.
GFI Group is a leading inter-dealer broker specializing in over-the- counter derivatives products and related securities. GFI Group Inc. provides brokerage services, market data and analytics software products to institutional clients in markets for a range of credit, financial, equity and commodity instruments. Headquartered in New York, GFI has additional offices in London, Hong Kong, Tokyo, Singapore and Sydney. GFI clients include leading banks, broker-dealers, trading houses, funds, and insurance and energy companies. Its brands include GFI, GFInet and FENICS.
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