Invesco Ltd [IVZ] stock prices are up 0.69% to $15.97 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The IVZ shares have gain 4.17% over the last week, with a monthly amount drifted -9.36%, and not seem to be holding up well over a long-time horizon.
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 $14.16 and $19.55 over the past year. Currently, Wall Street analysts expect the stock to reach $19 within the next 12 months. Invesco Ltd [NYSE: IVZ] shares were valued at $15.97 at the most recent close of the market. An investor can expect a potential return of 18.97% based on the average IVZ price forecast.
Analyzing the IVZ fundamentals
The Invesco Ltd [NYSE:IVZ] reported sales of 6.01B for trailing twelve months, representing a surge of 7.69%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.05 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.52.
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 15.81 points at the first support level, and at 15.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.15, and for the 2nd resistance point, it is at 16.34.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 0.68 and price to earnings (TTM) ratio is 13.49.
