Impax Asset Management Group (LON:IPX – Get Free Report)‘s stock had its “buy” rating reiterated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday,Digital Look reports. They presently have a GBX 170 target price on the stock. Berenberg Bank’s target price points to a potential upside of 70.51% from the stock’s previous close.
Impax Asset Management Group Price Performance
IPX opened at GBX 99.70 on Wednesday. The stock’s 50 day simple moving average is GBX 113.54 and its 200 day simple moving average is GBX 143.06. The company has a debt-to-equity ratio of 4.99, a current ratio of 3.30 and a quick ratio of 2.26. Impax Asset Management Group has a 1 year low of GBX 90.90 and a 1 year high of GBX 214. The firm has a market cap of £120.75 million, a price-to-earnings ratio of 6.31, a PEG ratio of 5.05 and a beta of 1.32.
Impax Asset Management Group (LON:IPX – Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The company reported GBX 4.40 EPS for the quarter. The company had revenue of GBX 5,881 million during the quarter. Impax Asset Management Group had a net margin of 14.30% and a return on equity of 17.51%.
Impax Asset Management Group Company Profile
Impax Asset Management was founded in 1998 and has been a pioneer in the development of investing in the transition to a more sustainable global economy. We are one of the largest investment managers dedicated to investing in sustainable markets globally.
We believe that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency. These trends will drive growth for well positioned companies and create risks for those unable or unwilling to adapt.
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