Invesco Plc (IVZ) : The consensus on Invesco Plc (IVZ) based on 11 analyst recommendation on the company stock is 1.5, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Invesco Plc (IVZ) : Currently there are 7 street experts covering Invesco Plc (IVZ) stock. The most bullish and bearish price target for the stock is $39 and $30 respectively for the short term. The average price target of all the analysts comes to $34.71. The estimated standard deviation from the target is $3.25.
Also, Equity Analysts at the Brokerage Firm, Deutsche Bank, maintains their rating on the shares of Invesco Plc (NYSE:IVZ). Deutsche Bank has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $35 per share from a prior target of $34. The rating by the firm was issued on September 9, 2016.
Invesco Plc (NYSE:IVZ): After opening at $30.14, the stock dipped to an intraday low of $30.0701 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $30.88 and the buying power remained strong till the end. The stock closed at $30.7 for the day, a gain of 1.25% for the day session. The total traded volume was 3,121,109. The stocks close on the previous trading day was $30.32.
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.