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An announcement from Ninety One ( (GB:N91) ) is now available.
Ninety One has announced the expected completion of the transfer of Sanlam Investments UK Limited’s active asset management business to Ninety One UK Limited, set for June 16, 2025. As part of this transaction, Ninety One will issue 13,675,595 ordinary shares to Sanlam Investments UK, with these shares expected to be listed on both the London and Johannesburg stock exchanges. This strategic move strengthens Ninety One’s position in the asset management sector and enhances its capabilities in managing a broader range of assets.
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 asset management, providing investment solutions and managing assets across various markets.
Average Trading Volume: 914,070
Technical Sentiment Signal: Buy
Current Market Cap: £3.1B
For an in-depth examination of N91 stock, go to TipRanks’ Overview page.