Back to top

Image: Bigstock

Invesco (IVZ) Surges: Stock Moves 7.7% Higher

Read MoreHide Full Article

Invesco Ltd. (IVZ - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $7.24 –$9.86 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Invesco currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.  

Invesco Ltd. Price

Investors interested in the Financial – Investment Management industry may consider Manning & Napier, Inc. , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Just Released: Zacks’ 7 Best Stocks for Today

Experts extracted 7 stocks from the list of 220 Zacks Rank #1 Strong Buys that has beaten the market more than 2X over with a stunning average gain of +24.1% per year.

These 7 were selected because of their superior potential for immediate breakout.

See these time-sensitive tickers now >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Invesco Ltd. (IVZ) - free report >>

Published in