Morgan Stanley analyst Michael Cyprys maintained a Hold rating on Invesco Ltd (IVZ) today and set a price target of $22. The company’s shares closed yesterday at $19.85, close to its 52-week low of $19.66.
According to TipRanks.com, Cyprys is a 3-star analyst with an average return of 2.2% and a 49.1% success rate. Cyprys covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Victory Capital Holdings Inc, and Virtus Investment Partners.
Currently, the analyst consensus on Invesco Ltd is a Moderate Buy with an average price target of $25.71.
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Invesco Ltd’s market cap is currently $8.16B and has a P/E ratio of 7.03. The company has a Price to Book ratio of 0.91.
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Invesco Ltd. engages as an independent global investment management firm. It operates through Investment Management segment. It offers a range of single-country, regional, and global capabilities across major equity, fixed income and alternative asset classes, delivered through a diverse set of investment vehicles.
