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Impax Asset Management ( (GB:IPX) ) just unveiled an announcement.
Impax Asset Management Group plc has announced the purchase of 25,000 of its own ordinary shares as part of a buyback program initiated in May 2025. This move is part of a broader strategy to manage the company’s share capital, with the purchased shares intended for cancellation. Following this transaction, Impax will have a total of 129,987,426 ordinary shares in issue, impacting the total voting rights available to shareholders.
The most recent analyst rating on (GB:IPX) stock is a Buy with a £204.00 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 score. The company’s robust cash flow and low P/E ratio suggest potential for growth and income. Technical indicators show mixed signals, with some bearish trends but potential for reversal. The absence of earnings call data and corporate events does not impact the score.
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 asset management. The company specializes in sustainable investment strategies, aiming to generate long-term returns while considering environmental, social, and governance (ESG) factors.
Average Trading Volume: 313,159
Technical Sentiment Signal: Strong Sell
Current Market Cap: £227.9M
For a thorough assessment of IPX stock, go to TipRanks’ Stock Analysis page.