Shares of Impax Asset Management Group Plc (LON:IPX) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 172 ($2.30) and last traded at GBX 167 ($2.24), with a volume of 49793 shares traded. The stock had previously closed at GBX 167 ($2.24).
Separately, Peel Hunt lowered shares of Impax Asset Management Group to an “add” rating and increased their price target for the stock from GBX 150 ($2.01) to GBX 165 ($2.21) in a research report on Wednesday.
In other Impax Asset Management Group news, insider Ian Simm sold 450,000 shares of Impax Asset Management Group stock in a transaction dated Wednesday, October 25th. The shares were sold at an average price of GBX 142 ($1.90), for a total transaction of £639,000 ($855,765.37).
About Impax Asset Management Group
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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