Australia and New Zealand’s largest independent stockbroker BBY have initiated Research on ASX listed Invigor Group With a BUY recommendation.
Invigor Group which is a leading information technology and digital solutions company is headed by Gary Cohen has doubled its share price in the last 2 months. Currently at 8.5cents. BBY have a Target price of 12 cents within the next 12 months.
Mr Gary Cohen, Executive Chairman of Invigor, said: "We are very excited with BBY initiating research coverage and in working alongside them to assist us in delivering some of our corporate initiatives."
Adam Blumenthal from BBY said: "Gary Cohen previously took iSOFT from a start-up with 10 people and $2 million dollars revenue to over 5,000 staff and $500 million dollars revenue in over 40 countries establishing iSOFT as one of the top 5 global health IT companies. We are pleased to be involved with Invigor Group and Gary Cohen and working with him and their team to build Invigor into a large and successful company."
About BBY Limited
BBY Limited is a leading independent Australian Stockbroker. BBY delivers a broad range of strategic corporate services, focusing on growth-driven Australian, New Zealand and Chinese companies. BBY has raised over A$2.4 billion worth of capital in the past 5 years and has ASX turnover of A$2.4 billion per month, with offices in Australia, Asia, New Zealand, Europe and New York.
About Invigor Group Limited
Invigor Group is a leading information technology and digital solutions company. It specialises in innovative business intelligence, big data solutions which are supported by strategic consulting, development and marketing services. Invigor delivers its products and services across a broad range of industries including: consumer electronics, automotive, financial and insurance, pharmaceuticals, apparel and home wares.