Invensys plc (NASDAQ: IVNYY)‘s stock had its “buy” rating restated by equities researchers at Societe Generale in a research report issued on Friday, AnalystRatingsNetwork reports.
Invensys plc (NASDAQ: IVNYY) traded down 7.80% on Friday, hitting $7.45. Invensys plc has a 1-year low of $4.25 and a 1-year high of $8.08. The stock’s 50-day moving average is currently $6.73. The company has a market cap of $4.861 billion and a price-to-earnings ratio of 26.41.
Other equities research analysts have also recently issued reports about the stock. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of Invensys plc in a research note to investors on Wednesday. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Invensys plc in a research note to investors on Tuesday, June 18th. Finally, analysts at Canaccord Genuity initiated coverage on shares of Invensys plc in a research note to investors on Monday, June 17th. They set a “hold” rating on the stock.
Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.
Invensys plc is United Kingdom-based Company that develops and applies advanced technologies that enable manufacturing and energy generating facilities, mainline and mass transit rail networks, and appliances to operate safely.