Invesco Plc (IVZ) : The consensus on Invesco Plc (IVZ) based on 12 analyst recommendation on the company stock is 1.46, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 8 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 8 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 $34.88. The estimated standard deviation from the target is $3.44.
For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, Barclays maintains its ratings on Invesco Plc (NYSE:IVZ). In the latest research report, Barclays raises the target price from $34 per share to $35 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. The rating by the firm was issued on July 29, 2016.
Invesco Plc (NYSE:IVZ): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $28.41 and $28.35 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $29.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $29.02, notching a gain of 2.65% for the day. The total traded volume was 2,935,396 . The stock had closed at $28.27 on the previous day.
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.