Ninety One Group (LON:N91) Issues Quarterly Earnings Results

Ninety One Group (LON:N91) announced its earnings results on Monday. The company reported GBX 8.40 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 Trading Down 1.1%

LON N91 opened at GBX 217.40 on Monday. The company has a fifty day moving average of GBX 212.54 and a 200 day moving average of GBX 191.05. The company has a market capitalization of £1.87 billion, a PE ratio of 12.64, a P/E/G ratio of 15.99 and a beta of 0.66. The company has a debt-to-equity ratio of 25.60, a current ratio of 1.03 and a quick ratio of 0.07. Ninety One Group has a 1 year low of GBX 113.20 and a 1 year high of GBX 242.40.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on N91 shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Ninety One Group from GBX 165 to GBX 190 and gave the stock a “hold” rating in a research report on Tuesday, October 14th. JPMorgan Chase & Co. raised their price target 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 analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of GBX 208.

Ninety One Group Company Profile

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.