Impax Asset Management Group (LON:IPX) Earns “Buy” Rating from Peel Hunt

Impax Asset Management Group (LON:IPX)‘s stock had its “buy” rating reaffirmed by research analysts at Peel Hunt in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. They currently have a GBX 225 target price on the stock. Peel Hunt’s target price suggests a potential upside of 19.68% from the company’s previous close.

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 300 target price on shares of Impax Asset Management Group in a research report on Wednesday. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 262.50.

Impax Asset Management Group Trading Up 2.6%

LON:IPX opened at GBX 188 on Wednesday. The company has a 50-day moving average price of GBX 185.41 and a 200-day moving average price of GBX 178.25. Impax Asset Management Group has a 12 month low of GBX 112.60 and a 12 month high of GBX 414. The company has a current ratio of 3.23, a quick ratio of 2.26 and a debt-to-equity ratio of 5.94. The stock has a market cap of £236.86 million, a price-to-earnings ratio of 786.61, a P/E/G ratio of 5.05 and a beta of 1.64.

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.