Investec Given Outperform Rating at Avior Research (INVP)
Investec (LON:INVP)‘s stock had its “outperform” rating reaffirmed by equities research analysts at Avior Research in a research note issued to investors on Thursday, Stock Ratings Network reports. They currently have a GBX 554.20 ($8.80) price target on the stock. Avior Research’s target price would suggest a potential upside of 32.81% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Investec (LON:INVP) in a research note to investors on Wednesday. They now have a GBX 518 ($8.22) price target on the stock. Finally, analysts at Morgan Stanley cut their price target on shares of Investec (LON:INVP) from GBX 525 ($8.34) to GBX 500 ($7.94) in a research note to investors on Monday, July 8th. They now have an “overweight” rating on the stock.
Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of GBX 466.51 ($7.41).
Shares of Investec (LON:INVP) opened at 426.50 on Thursday. Investec has a 52 week low of GBX 356.40 and a 52 week high of GBX 515.00. The stock’s 50-day moving average is GBX 430.0 and its 200-day moving average is GBX 449.7. The company’s market cap is £3.646 billion.
Investec plc is an international, specialist bank and asset manager that provides a diverse range of financial products and services to a select client base.
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