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Impax Asset Management ( (GB:IPX) ) has provided an announcement.
Impax Asset Management Group plc announced the purchase of 25,000 of its own ordinary shares as part of its ongoing buyback program. This move is part of a broader strategy to manage its capital structure and potentially enhance shareholder value, with the total number of shares now reduced to 128,431,564, which may impact shareholder voting rights calculations.
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 provides investment solutions that aim to generate positive environmental and social impact alongside competitive financial returns.
Average Trading Volume: 358,019
Technical Sentiment Signal: Sell
Current Market Cap: £236M
For a thorough assessment of IPX stock, go to TipRanks’ Stock Analysis page.