Berenberg Bank Has Lowered Expectations for Impax Asset Management Group (LON:IPX) Stock Price

Posted by ABMN Staff on Apr 10th, 2025

Impax Asset Management Group (LON:IPX – Get Free Report) had its price objective reduced by equities researchers at Berenberg Bank from GBX 440 ($5.62) to GBX 330 ($4.22) in a research note issued on Tuesday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. Berenberg Bank’s price objective points to a potential upside of 164.42% from the stock’s previous close.

Impax Asset Management Group Stock Up 3.1 %

IPX opened at GBX 124.80 ($1.59) on Tuesday. The stock has a fifty day moving average of GBX 185.66 and a 200-day moving average of GBX 265.94. The company has a market capitalization of £158.11 million, a P/E ratio of 3.98, a P/E/G ratio of 5.05 and a beta of 1.64. Impax Asset Management Group has a fifty-two week low of GBX 112.60 ($1.44) and a fifty-two week high of GBX 532 ($6.80). The company has a debt-to-equity ratio of 5.94, a quick ratio of 2.26 and a current ratio of 3.23.

Impax Asset Management Group Company Profile

(Get Free Report)

Impax Asset Management was founded in 1998 and has been a pioneer in the development of investing in the transition to a more sustainable global economy. We are one of the largest investment managers dedicated to investing in sustainable markets globally.

We believe that capital markets will be shaped profoundly by global sustainability challenges, including climate change, pollution and essential investments in human capital, infrastructure and resource efficiency.