Are InvoCare shares defensive enough to be a buy?
Shares in InvoCare (ASX:IVC) have retreated from a recent high of $12.45 per share in mid-May of this year, as some in the market are sceptical about the Company’s ability to generate volume growth and control costs. Accordingly, we recently researched the Company to assess the likelihood of a recovery in the share price. About InvoCare InvoCare is a leading operator of funeral homes, cemeteries and crematoria across Australia. They have smaller operations in NZ and Singapore. In the Australian …