Barclays Maintains Invesco Ltd. to Overweight with Price Target $36.00

Brokerage firm Barclays Maintains its rating on Invesco Ltd.(NYSE:IVZ). In a research note issued to the investors, the brokerage major Raises the price-target to $36.00 per share. The shares have been rated Overweight. The rating by Barclays was issued on Aug 9, 2016.

In a different note, On Aug 5, 2016, Deutsche Bank said it Maintains its rating on Invesco Ltd.. In the research note, the firm Raises the price-target to $33.00 per share. The shares have been rated ‘Buy’ by the firm. On Jul 29, 2016, Keefe Bruyette & Woods said it Maintains its rating on Invesco Ltd.. In the research note, the firm Raises the price-target to $33.00 per share. The shares have been rated ‘Outperform’ by the firm. On Jul 29, 2016, JP Morgan said it Maintains its rating on Invesco Ltd.. In the research note, the firm Raises the price-target to $36.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jul 29, 2016, Barclays said it Maintains its rating on Invesco Ltd.. In the research note, the firm Raises the price-target to $34.00 per share. The shares have been rated ‘Overweight’ by the firm. On Jul 29, 2016, Citigroup said it Maintains its rating on Invesco Ltd.. In the research note, the firm Raises the price-target to $27.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jul 11, 2016, Jefferies said it Maintains its rating on Invesco Ltd.. In the research note, the firm Lowers the price-target to $35.00 per share. The shares have been rated ‘Buy’ by the firm.

Invesco Ltd. (IVZ) made into the market gainers list on Wednesdays trading session with the shares advancing 0.74% or 0.22 points. Due to strong positive momentum, the stock ended at $29.95, which is also near the day’s high of $30.08. The stock began the session at $29.67 and the volume stood at 28,51,502 shares. The 52-week high of the shares is $37.68 and the 52 week low is $23.015. The company has a current market capitalization of $12,277 M and it has 40,99,16,130 shares in outstanding.

Invesco Ltd.(IVZ) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $856.60M. Analysts had an estimated revenue of $848.82M. Earnings per share were $0.56. Analysts had estimated an EPS of $0.55.

Several Insider Transactions has been reported to the SEC. On Aug 2, 2016, Ben F. Iii Johnson (director) purchased 2,000 shares at $29.24 per share price.Also, On Jun 14, 2016, Colin Meadows (Senior Managing Director) sold 40,433 shares at $28.43 per share price.On Mar 1, 2016, Martin L Flanagan (President & CEO) sold 296,359 shares at $27.34 per share price, according to the Form-4 filing with the securities and exchange commission.

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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