Investec Group (LON:INVP - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 557.85 ($7.30) and traded as high as GBX 588 ($7.70). Investec Group shares last traded at GBX 572 ($7.49), with a volume of 409,729 shares traded.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank upped their target price on shares of Investec Group from GBX 540 ($7.07) to GBX 660 ($8.64) and gave the company a "buy" rating in a research note on Friday, June 28th.
View Our Latest Report on Investec Group
Investec Group Stock Up 1.0 %
The company has a market cap of £3.73 billion, a PE ratio of 849.26, a PEG ratio of 0.67 and a beta of 1.05. The company's fifty day moving average is GBX 575.27 and its 200-day moving average is GBX 557.99.
Insider Buying and Selling
In related news, insider Stephen Koseff sold 5,823 shares of the business's stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of £135.25 ($177.01), for a total transaction of £787,560.75 ($1,030,703.77). Insiders sold 326,375 shares of company stock valued at $264,268,180 over the last 90 days. Company insiders own 4.96% of the company's stock.
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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