Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Impax Asset Management ( (GB:IPX) ) has shared an update.
Impax Asset Management Group plc has executed a share buyback transaction, purchasing 120,000 of its ordinary shares at an average price of 147.73 GBp as part of its ongoing buyback program. This move, which results in a total of 5,441,694 shares repurchased since the program’s inception, underscores the company’s commitment to optimizing shareholder value and adjusting its capital structure.
The most recent analyst rating on (GB:IPX) stock is a Buy with a £210.00 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 primary drivers of its stock score. While technical indicators show mixed signals, the company’s robust cash flow and low valuation metrics provide a solid foundation for potential growth and income.
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 asset management industry, focusing on sustainable investment strategies. The company offers a range of investment products and services aimed at delivering long-term returns while promoting environmental and social responsibility.
Average Trading Volume: 467,577
Technical Sentiment Signal: Strong Sell
Current Market Cap: £180.9M
See more insights into IPX stock on TipRanks’ Stock Analysis page.