Invesco Plc (IVZ) Receives Price Target

Invesco Plc (IVZ) : The most positive equity analysts on Invesco Plc (IVZ) expects the shares to touch $39, whereas, the least positive believes that the stock will trade at $30 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $34.57 with an expected fluctuation of $3.26 from the mean.

Invesco Plc (IVZ) : 7 brokerage houses believe that Invesco Plc (IVZ) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Invesco Plc (IVZ). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 11 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.5.


Also, Brokerage firm Barclays maintains its rating on Invesco Plc (NYSE:IVZ). As per the latest information, the brokerage house raises the price target to $36 per share from a prior target of $35. The shares have been rated Overweight. The rating by the firm was issued on August 9, 2016.

Invesco Plc (NYSE:IVZ): The stock opened at $31.32 on Thursday but the bulls could not build on the opening and the stock topped out at $31.51 for the day. The stock traded down to $30.79 during the day, due to lack of any buying support eventually closed down at $31.10 with a loss of -0.29% for the day. The stock had closed at $31.19 on the previous day. The total traded volume was 2,866,789 shares.

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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