Ashmore Group plc Stock Rating Reaffirmed by Numis Securities Ltd (ASHM)
Ashmore Group plc (LON:ASHM)‘s stock had its “hold” rating reaffirmed by Numis Securities Ltd in a research note issued on Wednesday. They currently have a GBX 350 ($5.96) target price on the stock. Numis Securities Ltd’s price target suggests a potential downside of 5.20% from the company’s current price.
Shares of Ashmore Group plc (LON:ASHM) opened at 368.30 on Wednesday. Ashmore Group plc has a one year low of GBX 294.90 and a one year high of GBX 424.50. The stock’s 50-day moving average is GBX 356.7 and its 200-day moving average is GBX 349.8. The company’s market cap is £2.501 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Ashmore Group plc in a research note on Thursday, June 12th. They now have a GBX 360 ($6.13) price target on the stock. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of Ashmore Group plc in a research note on Friday, June 6th. They now have a GBX 353 ($6.01) price target on the stock. Finally, analysts at Liberum Capital initiated coverage on shares of Ashmore Group plc in a research note on Thursday, June 5th. They set a “sell” rating and a GBX 303 ($5.16) price target on the stock. Three analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 366.91 ($6.25).
Ashmore Group plc (LON:ASHM) is engaged in providing investment management services.
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