Ninety One PLC -8.0% potential downside indicated by JP Morgan Cazenove

Ninety One PLC with ticker (LON:N91) now has a potential downside of -8.0% according to JP Morgan Cazenove.



JP Morgan Cazenove set a target price of 173 GBX for the company, which when compared to the Ninety One PLC share price of 188 GBX at opening today (12/01/2024) indicates a potential downside of -8.0%. Trading has ranged between 152 (52 week low) and 214 (52 week high) with an average of 497,746 shares exchanging hands daily. The market capitalisation at the time of writing is £1,641,690,805.

Ninety One PLC is a United Kingdom-based company, which operates as an investment manager. The Company offers a range of active strategies to its client base across equities, fixed income, multi-asset and alternatives. The Company has five regional client groups, namely United Kingdom, Africa, Europe, Americas and Asia Pacific. The Company serves institutional clients, which include private and public sector pension funds, sovereign wealth funds, central banks, insurers, corporates and foundations. The Company’s advisor clients include wealth managers, private and retail banks, and independent advisers.