Investec plc Rating Reiterated by BNP Paribas (INVP)
Investec plc (LON:INVP)‘s stock had its “buy” rating restated by stock analysts at BNP Paribas in a report issued on Wednesday, ARN reports. They currently have a GBX 565 ($9.49) price objective on the stock. BNP Paribas’ price target would suggest a potential upside of 11.88% from the company’s current price.
INVP has been the subject of a number of other recent research reports. Analysts at Canaccord Genuity raised their price target on shares of Investec plc from GBX 490 ($8.23) to GBX 550 ($9.24) in a research note on Friday, April 11th. They now have a “buy” rating on the stock. Separately, analysts at Numis Securities Ltd downgraded shares of Investec plc to an “add” rating in a research note on Friday, April 11th. They now have a GBX 512 ($8.60) price target on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of Investec plc in a research note on Friday, April 11th. They set a “buy” rating and a GBX 555 ($9.32) price target on the stock. Three research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of GBX 529.52 ($8.89).
Shares of Investec plc (LON:INVP) opened at 503.50 on Wednesday. Investec plc has a 1-year low of GBX 366.20 and a 1-year high of GBX 508.00. The stock’s 50-day moving average is GBX 473. and its 200-day moving average is GBX 436.8. The company’s market cap is £4.375 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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