A Director at Invesco Ltd (NYSE: IVZ) is Buying Shares

By Carrie Williams

Today, a Director at Invesco Ltd (IVZResearch Report), Rod Canion, bought shares of IVZ for $179.7K.

Following this transaction Rod Canion’s holding in the company was increased by 18.37% to a total of $1.16 million.

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IVZ’s market cap is $7.4B and the company has a P/E ratio of 8.41. Currently, Invesco Ltd has an average volume of 4.06M.

Based on 9 analyst ratings, the analyst consensus is Hold with an average price target of $20.13, reflecting a 10.7% upside. Four different firms, including Barclays and Deutsche Bank, currently also have a Buy rating on the stock.

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Invesco Ltd. engages as an independent global investment management firm. It operates through Investment Management segment. It offers a range of single-country, regional, and global capabilities across major equity, fixed income and alternative asset classes, delivered through a diverse set of investment vehicles.