Shares of Impax Asset Management Group Plc (LON:IPX – Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 381.98 ($4.96) and traded as high as GBX 394 ($5.12). Impax Asset Management Group shares last traded at GBX 386.50 ($5.02), with a volume of 197,591 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank dropped their target price on shares of Impax Asset Management Group from GBX 620 ($8.05) to GBX 560 ($7.27) and set a “buy” rating on the stock in a report on Tuesday, October 8th.
Check Out Our Latest Analysis on Impax Asset Management Group
Impax Asset Management Group Stock Up 0.1 %
Insider Buying and Selling
In other Impax Asset Management Group news, insider Ian Simm sold 2,600 shares of the stock in a transaction on Friday, September 6th. The stock was sold at an average price of GBX 365 ($4.74), for a total value of £9,490 ($12,321.47). Company insiders own 19.34% of the company’s stock.
Impax Asset Management Group Company Profile
Impax Asset Management Group plc is a publicly owned investment manager. Through its subsidiaries, it provides investment services to funds specializing in the environmental markets sector, with a focus on alternative energy, water, and waste sectors, primarily in the United Kingdom. It manages a range of funds and segregated accounts on behalf of institutional and private investors.
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