Ashmore Group (AJMPF) Lifted to “Hold” at Liberum Capital
Ashmore Group (OTC:AJMPF) was upgraded by Liberum Capital from a “sell” rating to a “hold” rating in a report released on Wednesday, StockTargetPrices.com reports.
Several other analysts also recently weighed in on AJMPF. Citigroup Inc. downgraded Ashmore Group from a “buy” rating to a “neutral” rating in a report on Wednesday, July 20th. Goldman Sachs Group Inc. raised Ashmore Group from a “neutral” rating to a “buy” rating in a report on Friday, July 15th.
Shares of Ashmore Group (OTC:AJMPF) traded down 6.68% during trading on Wednesday, reaching $4.33. The company’s stock had a trading volume of 743 shares. Ashmore Group has a 52 week low of $2.75 and a 52 week high of $4.87. The company has a 50 day moving average price of $4.65 and a 200 day moving average price of $4.32. The firm has a market capitalization of $2.88 billion and a P/E ratio of 18.83.
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