Numis Securities reissued their hold rating on shares of Investec (LON:INVP) in a report released on Monday morning. Numis Securities currently has a GBX 578 ($7.99) target price on the stock.

Investec stock opened at GBX 556.80 ($7.69) on Monday. The stock has a market cap of $6,020.00 and a PE ratio of 1,160.00. Investec has a twelve month low of GBX 451.20 ($6.23) and a twelve month high of GBX 649.40 ($8.97).

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In other news, insider Ciaran Whelan sold 78,703 shares of Investec stock in a transaction dated Monday, February 26th. The shares were sold at an average price of GBX 631 ($8.72), for a total transaction of £496,615.93 ($686,123.14). Also, insider Glynn Burger sold 160,933 shares of Investec stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of GBX 571 ($7.89), for a total transaction of £918,927.43 ($1,269,587.50).

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Investec Company Profile

Investec plc, a specialist bank and asset manager, provides various financial products and services in the United Kingdom, South Africa, Australia, other European countries, Asia, and internationally. It operates in three divisions: Asset Management, Wealth & Investment, and Specialist Banking. The Asset Management division offers active investment products and services to institutional, advisory clients, and individuals.

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