Impax Asset Management Group (LON:IPX – Free Report) had its price target reduced by Berenberg Bank from GBX 170 to GBX 135 in a research report released on Tuesday,Digital Look reports. Berenberg Bank currently has a buy rating on the stock.
Impax Asset Management Group Price Performance
Impax Asset Management Group stock opened at GBX 88.70 on Tuesday. Impax Asset Management Group has a 52 week low of GBX 87.30 and a 52 week high of GBX 202.06. The business has a 50-day simple moving average of GBX 107.67 and a 200 day simple moving average of GBX 106.07. The company has a quick ratio of 2.26, a current ratio of 46.93 and a debt-to-equity ratio of 4.53. The stock has a market cap of £107.77 million, a price-to-earnings ratio of 8.45, a PEG ratio of 5.05 and a beta of 1.32.
About Impax Asset Management Group
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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