Ninety One Group (LON:N91) Insider Acquires £160,904.92 in Stock

Ninety One Group (LON:N91) insider Kim Mary McFarland purchased 76,988 shares of the company’s stock in a transaction dated Friday, November 21st. The shares were acquired at an average price of GBX 209 per share, for a total transaction of £160,904.92.

Ninety One Group Stock Performance

Shares of LON N91 traded up GBX 1.80 during midday trading on Monday, reaching GBX 211.80. The company had a trading volume of 701,112 shares, compared to its average volume of 1,057,685. The business’s 50-day simple moving average is GBX 214.27 and its 200 day simple moving average is GBX 193.09. Ninety One Group has a 1 year low of GBX 113.20 and a 1 year high of GBX 242.40. The company has a current ratio of 1.03, a quick ratio of 0.07 and a debt-to-equity ratio of 25.60. The stock has a market cap of £1.82 billion, a P/E ratio of 12.31, a P/E/G ratio of 15.99 and a beta of 0.66.

Ninety One Group (LON:N91) last issued its earnings results on Monday, November 17th. The company reported GBX 8.40 EPS for the quarter. Ninety One Group had a return on equity of 42.90% and a net margin of 26.24%. On average, analysts forecast that Ninety One Group will post 15.1025641 earnings per share for the current fiscal year.

Analysts Set New Price Targets

N91 has been the topic of several analyst reports. 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 report on Tuesday, October 14th. JPMorgan Chase & Co. lifted their price objective on Ninety One Group from GBX 223 to GBX 226 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Ninety One Group presently has an average rating of “Hold” and a consensus price target 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.