Investec plc’s (INVP) Hold Rating Reaffirmed at Numis Securities Ltd

Numis Securities Ltd reiterated their hold rating on shares of Investec plc (LON:INVP) in a research report released on Friday. They currently have a GBX 589 ($7.27) price target on the stock.

Separately, HSBC Holdings plc raised their target price on Investec plc from GBX 580 ($7.16) to GBX 710 ($8.77) and gave the company a buy rating in a report on Tuesday, February 7th.

Shares of Investec plc (LON:INVP) traded down 0.08% during midday trading on Friday, reaching GBX 598.50. The company’s stock had a trading volume of 1,386,353 shares. The company’s 50-day moving average price is GBX 583.24 and its 200 day moving average price is GBX 526.32. Investec plc has a 1-year low of GBX 387.00 and a 1-year high of GBX 623.00. The firm’s market capitalization is GBX 5.36 billion.

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About Investec plc

Investec plc is a specialist bank and asset manager. The Company provides a range of financial products and services to a client base in various markets, including the United Kingdom and Europe, South Africa, and Asia/Australia. Its segments include Asset Management, Wealth & Investment, and Specialist Banking.

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