S& P 500 hits all time highs U.S.-Japan trade deal optimism
On Thursday, Deutsche Bank (ETR:DBKGn) analysts increased the price target for Ninety One Group stock, listed on the London Stock Exchange (LON:LSEG) under the ticker N91:LN and on the OTC market as NINTF, to £1.60 from £1.45. The analysts maintained a Hold rating on the stock.
The adjustment follows the company’s recent fiscal year 2025 results. Analysts cited favorable market conditions as a primary reason for the revised forecast. They also noted a slight improvement in short-term flow momentum, although management expressed caution regarding the long-term sustainability of this trend.
Despite the positive changes, Deutsche Bank analysts highlighted ongoing concerns. They pointed to a potential decline in fee margins due to changes in client mix and relationships. This could present challenges for the mid-sized asset manager.
Deutsche Bank analysts believe that Ninety One Group faces structural challenges. However, they noted that the company’s current valuation broadly reflects these issues.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.