Ninety One Announces Key Board Changes

Ninety One ( (GB:N91) ) has provided an update.

Ninety One has announced significant changes to its board of directors. Colin Keogh, an independent non-executive director, will retire following the upcoming Annual General Meeting in July 2025. Charles Harman, with extensive investment banking experience, will join the board as an independent non-executive director and will be part of the Audit and Risk Committee and the Human Capital and Remuneration Committee. Additionally, Busisiwe Mabuza will become the Senior Independent Director and Chair of the Human Capital and Remuneration Committee, while Khumo Shuenyane will take over as Chair of the Sustainability, Social and Ethics Committee. These changes are expected to strengthen Ninety One’s governance and strategic oversight.

The most recent analyst rating on (GB:N91) stock is a Sell with a £1.25 price target. To see the full list of analyst forecasts on Ninety One stock, see the GB:N91 Stock Forecast page.

Spark’s Take on GB:N91 Stock

According to Spark, TipRanks’ AI Analyst, GB:N91 is a Neutral.

Ninety One’s stock is buoyed by strong cash flow and an attractive valuation, despite challenges like declining revenue and high leverage. The strategic partnership with Sanlam and share repurchases offer growth potential. However, technical indicators suggest caution, and market volatility remains a risk.

To see Spark’s full report on GB:N91 stock, click here.

More about Ninety One

Ninety One is a dual-listed company incorporated in South Africa and the UK, operating in the financial services industry. It focuses on investment management and offers a range of financial products and services, with a market presence on both the London Stock Exchange and Johannesburg Stock Exchange.

Average Trading Volume: 823,056

Technical Sentiment Signal: Buy

Current Market Cap: £2.86B

For a thorough assessment of N91 stock, go to TipRanks’ Stock Analysis page.