Investec plc Earns Neutral Rating from JPMorgan Chase & Co. (INVP)
Investec plc (LON:INVP)‘s stock had its “neutral” rating reissued by analysts at JPMorgan Chase & Co. in a research report issued to clients and investors on Friday. They currently have a GBX 533.77 ($8.83) price objective on the stock. JPMorgan Chase & Co.’s price target points to a potential downside of 2.51% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “buy” rating on shares of Investec plc in a research note on Friday, August 1st. They now have a GBX 550 ($9.10) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Investec plc in a research note on Friday, August 1st. They now have a GBX 555 ($9.18) price target on the stock. Finally, analysts at Numis Securities Ltd downgraded shares of Investec plc to a “hold” rating in a research note on Thursday, July 31st. They now have a GBX 512 ($8.47) 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’s stock. Investec plc has an average rating of “Buy” and an average price target of GBX 553.50 ($9.16).
Investec plc (LON:INVP) opened at 545.00 on Friday. Investec plc has a one year low of GBX 366.20 and a one year high of GBX 554.50. The stock’s 50-day moving average is GBX 525.6 and its 200-day moving average is GBX 501.4. The company’s market cap is £4.698 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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