Deutsche Bank AG downgraded Invesco Ltd. (NYSE:IVZ) to Hold in a report released today.
- Updated: October 14, 2016
Yesterday Invesco Ltd. (NYSE:IVZ) traded -1.02% lower at $30.31. The company’s 50-day moving average is $30.96 and its 200-day moving average is $29.67. The last stock close price is up 1.10% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,866,761 shares of the stock were exchanged, down from an average trading volume of 3,561,210
Deutsche Bank AG has downgraded Invesco Ltd. (NYSE:IVZ) to Hold in a report released on 10/14/2016.
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Invesco Ltd. has a 52 week low of $23.02 and a 52 week high of $35.00 with a P/E ratio of 15.15 The company’s market cap is currently $0.
In addition to Deutsche Bank AG reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $33.92 with 5 firms rating the stock a strong buy, 7 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Invesco Ltd. (NYSE:IVZ)
Invesco Ltd. (Invesco) is an independent global investment management company. The Company provides a range of investment capabilities and outcomes, which are delivered through a diverse set of investment vehicles, to help clients achieve their investment objectives. It operates in the investment management segment. The Company has a presence in the retail and institutional markets within the investment management industry in North America, the United Kingdom, Europe, the Middle East and Asia-Pacific, serving clients in approximately 100 countries. Its Invesco Jemstep solution provides wealth management home offices and their advisors with a suite of technology solutions that are customizable and are integrated into existing systems. Approximately 47.8% of its assets under management (AUM) are invested in equity securities and over 52.2% are invested in fixed income and other investments.
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