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) : 7 Wall Street analysts covering Invesco Plc (IVZ) believe that the average level the stock could reach for the short term is $34.57. The maximum price target given is $39 and the minimum target for short term is around $30, hence the standard deviation is calculated at $3.26.
For the current week, the company shares have a recommendation consensus of Buy. Also, Equity analysts at the Brokerage firm Barclays maintains its rating on Invesco Plc (NYSE:IVZ). The rating major has initiated the coverage with overweight rating on the shares. The Analysts at Barclays raises the price target from $35 per share to $36 per share. The rating by the firm was issued on August 9, 2016.
Invesco Plc (NYSE:IVZ): The stock opened at $31.24 and touched an intraday high of $31.64 on Wednesday. During the day, the stock corrected to an intraday low of $31.19, however, the bulls stepped in and pushed the price higher to close in the green at $31.47 with a gain of 0.45% for the day. The total traded volume for the day was 2,325,368. The stock had closed at $31.33 in the previous trading session.
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.