Investec traded at 641.50 this Wednesday August 26th, increasing 6.00 or 0.94 percent since the previous trading session. Looking back, over the last four weeks, Investec gained 0.23 percent. Over the last 12 months, its price rose by 18.14 percent. Looking ahead, we forecast Investec to be priced at 624.90 by the end of this quarter and at 589.95 in one year, according to Trading Economics global macro models projections and analysts expectations.
Investec plc is a United Kingdom-based specialist bank and asset manager that provides a range of financial products and services to a client base in various markets, including the United Kingdom and Europe, South Africa, and Asia. The Company’s segments include Wealth & Investment, Private Banking, Corporate and Investment Banking. Wealth & Investment includes investment and savings, pensions and retirement and financial planning. Private Banking includes lending, private capital, transactional banking, savings and foreign exchange. Corporate and Investment banking include lending, advice, hedging, cash deposits and savings and equity placement. The Company's corporate client offering includes corporates private equity, institutions, intermediaries and government. Its Private Banking business is focused on providing bespoke solutions.