Ninety One Group (LON:N91) Issues Earnings Results

Ninety One Group (LON:N91) posted its quarterly earnings data on Monday. The company reported GBX 8.40 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Ninety One Group had a net margin of 26.24% and a return on equity of 42.90%.

Ninety One Group Price Performance

LON:N91 opened at GBX 209.20 on Wednesday. Ninety One Group has a 52 week low of GBX 113.20 and a 52 week high of GBX 242.40. The stock’s fifty day moving average is GBX 213.37 and its two-hundred day moving average is GBX 191.89. The company has a market capitalization of £1.80 billion, a P/E ratio of 12.16, a P/E/G ratio of 15.99 and a beta of 0.66. The company has a quick ratio of 0.07, a current ratio of 1.03 and a debt-to-equity ratio of 25.60.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on N91. JPMorgan Chase & Co. lifted their price target on Ninety One Group from GBX 223 to GBX 226 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Deutsche Bank Aktiengesellschaft raised their target price on Ninety One Group from GBX 165 to GBX 190 and gave the stock a “hold” rating in a research note on Tuesday, October 14th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Ninety One Group currently has a consensus rating of “Hold” and an average target price of GBX 208.

About Ninety One Group

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.