Investec plc (LON:INVP) insider Ian Kantor bought 600,000 shares of the company’s stock in a transaction that occurred on Friday, September 23rd. The shares were bought at an average price of GBX 356 ($4.65) per share, for a total transaction of £2,136,000 ($2,788,147.76).
Shares of Investec plc (LON:INVP) opened at 469.40 on Wednesday. Investec plc has a 1-year low of GBX 387.00 and a 1-year high of GBX 571.50. The company’s market capitalization is GBX 4.08 billion. The firm’s 50-day moving average price is GBX 473.12 and its 200 day moving average price is GBX 477.75.
Several research firms have recently commented on INVP. HSBC reaffirmed a “buy” rating and issued a GBX 580 ($7.57) target price on shares of Investec plc in a research report on Wednesday, June 22nd. Numis Securities Ltd reduced their price target on Investec plc from GBX 666 ($8.69) to GBX 605 ($7.90) and set a “buy” rating on the stock in a research report on Thursday, August 25th. Finally, Deutsche Bank AG reduced their price target on Investec plc from GBX 610 ($7.96) to GBX 580 ($7.57) and set a “buy” rating on the stock in a research report on Wednesday, June 22nd. Five equities research analysts have rated the stock with a buy rating, The company presently has an average rating of “Buy” and a consensus target price of GBX 559.28 ($7.30).
Investec plc Company Profile
Investec plc is a specialist bank and asset manager. The Company provides a range of financial products and services to a client base in three markets, including the United Kingdom and Europe, South Africa, and Asia/Australia. The Company is focused on providing Asset Management, Wealth and Investment and Specialist Banking services.
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