Ashmore Group (AJMPF) Upgraded by Liberum Capital to Hold
Ashmore Group (OTC:AJMPF) was upgraded by equities research analysts at Liberum Capital from a “sell” rating to a “hold” rating in a research note issued on Wednesday, StockTargetPrices.com reports.
Several other brokerages have also recently weighed in on AJMPF. Citigroup Inc. cut Ashmore Group from a “buy” rating to a “neutral” rating in a research report on Wednesday, July 20th. Goldman Sachs Group Inc. upgraded Ashmore Group from a “neutral” rating to a “buy” rating in a research report on Friday, July 15th.
Ashmore Group (OTC:AJMPF) traded down 6.68% on Wednesday, reaching $4.33. The company’s stock had a trading volume of 743 shares. Ashmore Group has a 12-month low of $2.75 and a 12-month high of $4.87. The company has a market capitalization of $2.88 billion and a price-to-earnings ratio of 18.83. The firm has a 50-day moving average of $4.65 and a 200 day moving average of $4.32.
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