Investec plc Stock Rating Reaffirmed by BNP Paribas (INVP)
Investec plc (LON:INVP)‘s stock had its “buy” rating restated by BNP Paribas in a research note issued on Monday. They currently have a GBX 603 ($10.24) target price on the stock. BNP Paribas’ price target points to a potential upside of 12.92% from the company’s current price.
Shares of Investec plc (LON:INVP) traded up 0.28% during mid-day trading on Monday, hitting GBX 534.00. 991,071 shares of the company’s stock traded hands. Investec plc has a 1-year low of GBX 366.20 and a 1-year high of GBX 544.50. The stock has a 50-day moving average of GBX 529.4 and a 200-day moving average of GBX 484.7. The company’s market cap is £4.603 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Investec plc in a research note on Monday, July 21st. They now have a GBX 550 ($9.34) price target on the stock. Separately, analysts at HSBC reiterated a “neutral” rating on shares of Investec plc in a research note on Friday, June 13th. They now have a GBX 570 ($9.68) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Investec plc in a research note on Friday, May 23rd. They now have a GBX 555 ($9.42) price target on the stock. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 542.91 ($9.22).
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.
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.