Evercore analyst Glenn Schorr maintains $Invesco (IVZ.US)$ with a hold rating, and adjusts the target price from $18 to $19.
According to TipRanks data, the analyst has a success rate of 67.3% and a total average return of 11.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Invesco (IVZ.US)$'s main analysts recently are as follows:
Post the Q3 report, Invesco's net revenue growth continued to improve, even amidst persistent mix shift pressures on fee rates.
The company's third-quarter earnings surpassed expectations primarily due to a tax rate that was lower than anticipated. Continuing on this trajectory, modest improvements in the margin to 33.2% in FY25 and 34.8% in FY26 are foreseen. It is acknowledged that the company boasts a diverse and extensive range of capabilities, and though it is making strides in reducing leverage, its leverage ratio still stands above that of its competitors.
Q3 results for Invesco were reported to align with expectations and the commentary was largely positive. However, ongoing fee rate compression is likely to persist and the outlook on margin expansion remains unclear.
Note:
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