Impax Asset Management Group Plc (LON:IPX) Shares Trade Down 8% – Analysts Set New Price Targets
Are you looking to invest in environmentally conscious companies? Impax Asset Management Group Plc (LON:IPX) may be the perfect opportunity for you. With shares trading down 8% recently, now could be the time to jump in and take advantage of this dip in the market.
Analysts have set new price targets for Impax Asset Management Group, with Berenberg Bank reaffirming a “buy” rating and issuing a target price of GBX 700. This indicates potential for growth in the stock price in the near future.
Despite the recent drop in share price, Impax Asset Management Group has a strong financial position with a market cap of £591.56 million. The company also recently announced a dividend, offering investors a 0.94% yield. Insider activity has been positive, with key executives purchasing shares in the company, showing confidence in its future prospects.
Impax Asset Management Group specializes in investment services in the environmental markets sector, focusing on alternative energy, water, and waste sectors. With a range of funds and segregated accounts managed on behalf of institutional and private investors, the company offers a unique opportunity to invest in sustainable and socially responsible companies.
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