Investec plc Rating Reiterated by Deutsche Bank (INVP)
Investec plc (LON:INVP)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Friday. They currently have a GBX 555 ($9.42) price objective on the stock. Deutsche Bank’s price target suggests a potential upside of 10.23% from the company’s current price.
A number of other firms have also recently commented on INVP. Analysts at Numis Securities Ltd downgraded shares of Investec plc to a “hold” rating in a research note on Thursday. They now have a GBX 512 ($8.69) price target on the stock. Separately, analysts at BNP Paribas reiterated a “buy” rating on shares of Investec plc in a research note on Monday, July 28th. They now have a GBX 603 ($10.24) price target on the stock. Finally, 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. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Investec plc has an average rating of “Buy” and an average price target of GBX 542.91 ($9.22).
Shares of Investec plc (LON:INVP) traded down 2.14% on Friday, hitting GBX 503.50. 2,467,986 shares of the company’s stock traded hands. Investec plc has a one year low of GBX 366.20 and a one year high of GBX 544.50. The stock has a 50-day moving average of GBX 528. and a 200-day moving average of GBX 486.4. The company’s market cap is £4.340 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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