Investec Group (LON:INVP) Stock Rating Reaffirmed by Berenberg Bank

Investec Group (LON:INVPGet Rating)‘s stock had its “buy” rating reaffirmed by analysts at Berenberg Bank in a research note issued on Friday, Marketbeat reports. They presently have a GBX 540 ($6.52) price objective on the stock. Berenberg Bank’s price objective suggests a potential upside of 36.81% from the company’s current price.

Investec Group Price Performance

Shares of LON INVP opened at GBX 394.70 ($4.77) on Friday. The firm has a market capitalization of £3.76 billion and a PE ratio of 789.40. Investec Group has a 1-year low of GBX 273.64 ($3.31) and a 1-year high of GBX 541.40 ($6.54). The business’s fifty day moving average price is GBX 428.02 and its two-hundred day moving average price is GBX 450.21.

Insider Activity at Investec Group

In other Investec Group news, insider Ciaran Whelan sold 226,460 shares of the company’s stock in a transaction dated Monday, September 5th. The shares were sold at an average price of GBX 422 ($5.10), for a total value of £955,661.20 ($1,154,738.04). In other news, insider Ciaran Whelan sold 226,460 shares of the company’s stock in a transaction that occurred on Monday, September 5th. The shares were sold at an average price of GBX 422 ($5.10), for a total value of £955,661.20 ($1,154,738.04). Also, insider Fani Titi sold 248,915 shares of Investec Group stock in a transaction on Monday, August 8th. The shares were sold at an average price of GBX 456 ($5.51), for a total value of £1,135,052.40 ($1,371,498.79).

Investec Group Company Profile

(Get Rating)

Investec Group provides various financial products and services in the United Kingdom South Africa, and internationally. The company offers wealth and investment products and services, including portfolio management, discretionary wealth management, financial planning, stockbroking/execution, pensions and retirement, and investment advisory services for private clients, charities, pension funds and trusts.

Further Reading

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