Risk factor
Resilient to price shocks
Profitability factor
Strong margins and returns
About
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. It seeks to invest in South African companies struggling with the economic fallout from the spread of coronavirus. The company was founded in 1991 and is headquartered in Cape Town, South Africa with additional offices in Africa, Americas, Asia-Pacific and Europe.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, r
Target Price
The average target price of N91.L is 240 and suggests 12% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
Buy
Sell