Investec plc 19.8% Potential Upside Indicated by Bank of America Merrill Lynch

Broker Ratings
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Investec plc with EPIC/TICKER (LON:INVP) has had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘BUY’ today by analysts at Bank of America Merrill Lynch. Investec plc are listed in the Financials sector within Trading Only. Bank of America Merrill Lynch have set their target price at 190 GBX on its stock. This indicates the analyst now believes there is a potential upside of 19.8% from today’s opening price of 158.55 GBX. Over the last 30 and 90 trading days the company share price has increased 29.75 points and decreased 182.33 points respectively. The 52 week high for the share price is currently at 523.6 GBX while the 52 week low is 122.55 GBX.

Investec plc has a 50 day moving average of 242.37 GBX and a 200 Day Moving Average share price is recorded at 321.58. There are currently 696,082,618 shares in issue with the average daily volume traded being 4,179,578. Market capitalisation for LON:INVP is £1,519,546,512 GBP.

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    Investec Plc (LON:INVP) announces its 2024 AGM details, Annual Report, and financial updates, with meetings scheduled for August 8, 2024.

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