Investec Group (LON:INVP - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 555.03 ($7.42) and traded as high as GBX 574.58 ($7.69). Investec Group shares last traded at GBX 569 ($7.61), with a volume of 683,284 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank increased their price target on Investec Group from GBX 540 ($7.22) to GBX 660 ($8.83) and gave the company a "buy" rating in a report on Friday, June 28th.
Get Our Latest Analysis on Investec Group
Investec Group Stock Performance
The company has a market cap of £3.61 billion, a P/E ratio of 833.08, a P/E/G ratio of 0.67 and a beta of 1.09. The business has a fifty day simple moving average of GBX 580.10 and a 200 day simple moving average of GBX 555.52.
Insider Transactions at Investec Group
In other news, insider Stephen Koseff sold 31,995 shares of the stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of GBX 591 ($7.91), for a total transaction of £189,090.45 ($252,929.98). In the last ninety days, insiders have sold 326,375 shares of company stock worth $264,268,180. 4.96% of the stock is currently owned by company insiders.
Investec Group Company Profile
(
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Investec Group engages in the provision of various financial products and services in South Africa, the United Kingdom, and internationally. The company provides private banking services; wealth services, including wealth and portfolio management, stockbroking, and offshore and retirement investment, and intergenerational wealth solutions; savings accounts; personal and property financing, and finance for practice; and insurance solutions covering severe illness, disability, life, mortgage and income protection, and business overloads.
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