Invesco Plc (IVZ): Price Target and June Short Interest Disclosure

Invesco Plc (IVZ) : The highest level Invesco Plc (IVZ) is projected to reach is $39 for the short term and the lowest estimate is at $30. The consolidated price target from 8 rating analysts who initiate coverage on the stock is $34.25 and the possibility the share price can swing is $3.77.

Invesco Plc (IVZ) stated loss of 900,898 shares or 17.7% in the short interest. The short interest registered from 5,092,761 on June 15,2016 to 4,191,863 on June 30,2016. In terms of floated shares, the shorted positions stood at 1%. The stock has been averaging 7,369,724 shares daily in trading and would need 1 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, Barclays maintains its view on Invesco Plc (NYSE:IVZ) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. Barclays lowers the price target from $37 per share to $35 per share on Invesco Plc. The rating by the firm was issued on July 7, 2016.


Invesco Plc (NYSE:IVZ): stock turned positive on Thursday. Though the stock opened at $27.48, the bulls momentum made the stock top out at $27.62 level for the day. The stock recorded a low of $26.95 and closed the trading day at $27.16, in the green by 1.80%. The total traded volume for the day was 5,162,566. The stock had closed at $26.68 in the previous days trading.

Invesco Ltd. (Invesco) is an independent global investment manager. The Company delivers an array of investment capabilities and services to retail and institutional investors through its global platform. The Company has presence in the institutional and retail markets within the investment management industry in North America, the United Kingdom, Europe, the Middle East and Asia-Pacific. The Company offers a range of domestic and global institutional strategies, including traditional and quantitative equities, fixed income (including money market funds for institutional clients), real estate, private equity, financial structures and absolute return strategies. Invesco offers retail investment solutions to clients through third-party financial intermediaries, including traditional broker-dealers, fund supermarkets, retirement platforms, financial advisors, banks, insurance companies and trust companies.

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