Impax Asset Management Group Plc (IPX) Sets New 12-Month High After Analyst Upgrade

Impax Asset Management Group Plc (LON:IPX) shares hit a new 52-week high during mid-day trading on Monday after Peel Hunt raised their price target on the stock from GBX 140 to GBX 150. Peel Hunt currently has a buy rating on the stock. Impax Asset Management Group Plc traded as high as GBX 150.50 ($1.98) and last traded at GBX 150.50 ($1.98), with a volume of 3,150 shares. The stock had previously closed at GBX 140.75 ($1.85).

In other news, insider Ian Simm purchased 183,689 shares of the firm’s stock in a transaction that occurred on Friday, September 29th. The stock was bought at an average price of GBX 142 ($1.87) per share, for a total transaction of £260,838.38 ($342,937.65).

The stock’s market capitalization is GBX 161.28 million. The stock has a 50-day moving average price of GBX 121.81 and a 200 day moving average price of GBX 101.32.

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About Impax Asset Management Group Plc

Impax Asset Management Group plc is an investment company offering listed and private equity strategies primarily to institutional clients. The Company has six listed equity strategies: Specialists, Leaders, Water, Asia-Pacific, Global Opportunities, and Food and Agriculture. Its real assets business comprises renewable power generation and sustainable property private equity funds.

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