Impax Asset Management Group (LON:IPX) Shares Down 25.6% - What's Next?

Key Points

• Shares plunged 25.6% intraday to GBX 93.50 on Friday, with volume up ~249% to about 2.62 million shares versus the average of 752,502, after a prior close of GBX 125.60.
• Analysts remain optimistic: Berenberg reaffirmed a Buy with a GBX 300 target and the stock’s average analyst price target is GBX 262.50, implying substantial upside from the current level.
• The company has a market cap of £116.7M and a low P/E of 6.10 but a high debt-to-equity ratio of 4.99, and the share price sits well below its 50‑day (GBX 138.18) and 200‑day (GBX 159.15) moving averages, signaling a downtrend and potential balance-sheet risk.

Shares of Impax Asset Management Group Plc (LON:IPX - Get Free Report) dropped 25.6% during mid-day trading on Friday . The stock traded as low as GBX 90.90 and last traded at GBX 93.50. Approximately 2,623,688 shares traded hands during trading, an increase of 249% from the average daily volume of 752,502 shares. The stock had previously closed at GBX 125.60.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 300 price objective on shares of Impax Asset Management Group in a report on Monday, January 12th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of GBX 262.50.

Impax Asset Management Group Stock Performance

The company has a market capitalization of £116.67 million, a price-to-earnings ratio of 6.10, a PEG ratio of 5.05 and a beta of 1.54. The stock has a fifty day moving average price of GBX 138.18 and a two-hundred day moving average price of GBX 159.15. The company has a quick ratio of 2.26, a current ratio of 3.30 and a debt-to-equity ratio of 4.99.

About Impax Asset Management Group

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. These trends will drive growth for well positioned companies and create risks for those unable or unwilling to adapt.

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