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The latest update is out from Impax Asset Management ( (GB:IPX) ).
Impax Asset Management Group plc has announced a change in its voting rights structure, with Apex Group Trustee Services Limited, acting as a trustee for the company’s Employee Benefit Trust, increasing its voting rights to 4.0378% from a previous 3.051%. This change reflects a strategic adjustment in the company’s shareholder structure, potentially impacting its governance and decision-making processes.
The most recent analyst rating on (GB:IPX) stock is a Buy with a £330.00 price target. To see the full list of analyst forecasts on Impax Asset Management stock, see the GB:IPX Stock Forecast page.
Spark’s Take on GB:IPX Stock
According to Spark, TipRanks’ AI Analyst, GB:IPX is a Outperform.
Impax Asset Management’s strong financial performance and attractive valuation are the most significant factors supporting its stock score. The positive technical indicators provide additional support, although less strongly. While corporate events such as strategic acquisitions and share buybacks are positive, they are offset by challenges such as AUM decline and profit warnings, leading to a balanced view.
To see Spark’s full report on GB:IPX stock, click here.
More about Impax Asset Management
Impax Asset Management Group plc operates in the financial services industry, focusing on investment management. The company is known for its expertise in sustainable investing, offering a range of investment products and services that emphasize environmental, social, and governance (ESG) criteria.
Average Trading Volume: 577,340
Technical Sentiment Signal: Sell
Current Market Cap: £243.4M
See more insights into IPX stock on TipRanks’ Stock Analysis page.