Wall Street predicts Invesco Ltd (IVZ) stock to surge by 16.06%

Invesco Ltd [IVZ] stock prices are down -0.67% to $17.81 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IVZ shares have gain 1.77% over the last week, with a monthly amount glided 3.25%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Invesco Ltd [NYSE: IVZ] stock has seen the most recent analyst activity on September 12, 2024, when Wells Fargo initiated its Underweight rating and assigned the stock a price target of $16. Previously, Barclays started tracking the stock with Equal Weight rating on August 27, 2024, and set its price target to $18. On January 04, 2024, TD Cowen initiated with a Outperform rating and assigned a price target of $21 on the stock. Keefe Bruyette upgraded its rating to a Outperform and increased its price target to $20 on December 14, 2023. Citigroup started tracking with a Neutral rating for this stock on May 19, 2023, and assigned it a price target of $16. In a note dated March 29, 2023, Credit Suisse upgraded an Neutral rating on this stock and boosted its target price from $14.50 to $15.

The stock price of Invesco Ltd [IVZ] has been fluctuating between $12.68 and $18.79 over the past year. Currently, Wall Street analysts expect the stock to reach $20.67 within the next 12 months. Invesco Ltd [NYSE: IVZ] shares were valued at $17.81 at the most recent close of the market. An investor can expect a potential return of 16.06% based on the average IVZ price forecast.

Analyzing the IVZ fundamentals

The Invesco Ltd [NYSE:IVZ] reported sales of 5.90B for trailing twelve months, representing a surge of 9.43%. Gross Profit Margin for this corporation currently stands at 0.56% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.51.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.63 points at the first support level, and at 17.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.15, and for the 2nd resistance point, it is at 18.48.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.36, the price to book ratio is 0.75.

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