Investec Group (LON:INVP – Free Report) had its price objective boosted by Berenberg Bank from GBX 540 ($6.85) to GBX 660 ($8.37) in a report released on Friday morning, Digital Look reports. They currently have a buy rating on the stock.
Investec Group Stock Up 3.5 %
INVP stock opened at GBX 593.50 ($7.53) on Friday. Investec Group has a twelve month low of GBX 428.30 ($5.43) and a twelve month high of GBX 595.50 ($7.55). The stock has a market capitalization of £3.83 billion, a price-to-earnings ratio of 813.01, a price-to-earnings-growth ratio of 0.67 and a beta of 1.09. The firm’s fifty day simple moving average is GBX 539.59 and its two-hundred day simple moving average is GBX 524.40.
Investec Group Increases Dividend
The business also recently declared a dividend, which will be paid on Friday, September 6th. Stockholders of record on Thursday, August 22nd will be issued a GBX 19 ($0.24) dividend. The ex-dividend date of this dividend is Thursday, August 22nd. This is a boost from Investec Group’s previous dividend of $15.50. This represents a dividend yield of 3.43%. Investec Group’s dividend payout ratio is presently 4,520.55%.
Insider Transactions at Investec Group
Investec Group Company Profile
Investec Group provides various financial products and services in the United Kingdom, South Africa, and internationally. The company offers wealth and investment products and services, including portfolio management, wealth management, fund management, and custody related services; discretionary wealth management, financial planning, stockbroking, and investment advisory services for private clients, charities, and trusts.
Read More
- Five stocks we like better than Investec Group
- Canadian Penny Stocks: Can They Make You Rich?
- Chewy Stock Surges on Roaring Kitty’s Disclosure of Major Stake
- What Makes a Stock a Good Dividend Stock?
- How to Invest in Gold: A Complete Guide
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- 3 Stocks Wall Street Could Be Watching on Fannie Mae’s Rally
Receive News & Ratings for Investec Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Investec Group and related companies with MarketBeat.com's FREE daily email newsletter.