Invesco Ltd (IVZ) Receives a Hold from Credit Suisse


In a report issued on October 23, Craig Siegenthaler from Credit Suisse maintained a Hold rating on Invesco Ltd (IVZ), with a price target of $18.00. The company’s shares closed last Monday at $17.05.

According to TipRanks.com, Siegenthaler is a 4-star analyst with an average return of 5.6% and a 60.4% success rate. Siegenthaler covers the Financial sector, focusing on stocks such as BrightSphere Investment Group plc, E*Trade Financial, and Blackrock Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for Invesco Ltd with a $18.17 average price target, which is a 7.1% upside from current levels. In a report issued on October 8, Barclays also maintained a Hold rating on the stock with a $16.00 price target.

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The company has a one-year high of $22.45 and a one-year low of $15.15. Currently, Invesco Ltd has an average volume of 5.62M.

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Invesco Ltd. engages as an independent global investment management firm. It operates through Investment Management segment. The firm 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.

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