Ninety One Group (LON:N91) Hits New 12-Month High – Here’s What Happened

Ninety One Group (LON:N91Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as GBX 199.30 ($2.61) and last traded at GBX 190.50 ($2.49), with a volume of 7227 shares. The stock had previously closed at GBX 190.30 ($2.49).

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. decreased their price objective on Ninety One Group from GBX 179 ($2.34) to GBX 173 ($2.26) and set a “neutral” rating on the stock in a report on Thursday, August 1st.

Get Our Latest Stock Analysis on Ninety One Group

Ninety One Group Stock Down 0.8 %

The company has a debt-to-equity ratio of 25.76, a current ratio of 1.03 and a quick ratio of 0.07. The firm has a 50 day simple moving average of GBX 167.76 and a 200-day simple moving average of GBX 169.34. The stock has a market capitalization of £1.14 billion, a price-to-earnings ratio of 1,052.22, a price-to-earnings-growth ratio of 15.99 and a beta of 0.66.

Ninety One Group Company Profile

(Get Free Report)

Ninety One Group operates as an independent global asset manager worldwide. It serves private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations, and central banks, as well as large retail financial groups, wealth managers, public and private equity as well as debt, private banks, and intermediaries.

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