INVESCO Price Target Increased to $45.00 by Analysts at RBC Capital (IVZ)
Research analysts at RBC Capital boosted their target price on shares of INVESCO (NYSE:IVZ) from $39.00 to $45.00 in a report released on Wednesday, American Banking & Market News reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price suggests a potential upside of 28.42% from the stock’s previous close.
A number of other analysts have also recently weighed in on IVZ. Analysts at Keefe, Bruyette & Woods raised their price target on shares of INVESCO from $39.00 to $42.00 in a research note to investors on Friday, January 10th. They now have an “outperform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of INVESCO in a research note to investors on Monday, December 16th. They now have a $36.00 price target on the stock. Finally, analysts at Goldman Sachs Group Inc. upgraded shares of INVESCO from a “neutral” rating to a “buy” rating in a research note to investors on Thursday, November 14th. They now have a $38.00 price target on the stock, up previously from $35.00. Nine analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $37.00.
INVESCO (NYSE:IVZ) opened at 35.04 on Wednesday. INVESCO has a 1-year low of $25.46 and a 1-year high of $36.88. The stock’s 50-day moving average is $35.55 and its 200-day moving average is $33.22. The company has a market cap of $15.533 billion and a price-to-earnings ratio of 19.35.
Invesco Ltd. (NYSE:IVZ) is an investment manager, dedicated to helping investors worldwide achieve their financial objectives.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.