Ashmore Group (AJMPF) Upgraded to Hold at Liberum Capital
Ashmore Group (OTCMKTS:AJMPF) was upgraded by research analysts at Liberum Capital from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.
Several other brokerages also recently issued reports on AJMPF. Shore Capital restated a “sell” rating on shares of Ashmore Group in a research report on Friday, July 15th. Goldman Sachs Group Inc. upgraded Ashmore Group from a “neutral” rating to a “buy” rating in a research report on Friday, July 15th. Finally, Citigroup Inc. restated a “neutral” rating on shares of Ashmore Group in a research report on Wednesday, July 20th. Two analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. Ashmore Group currently has a consensus rating of “Hold”.
Shares of Ashmore Group (OTCMKTS:AJMPF) traded down 6.68% during mid-day trading on Wednesday, hitting $4.33. The company 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 cap of $2.88 billion and a PE ratio of 18.83. The firm has a 50-day moving average of $4.64 and a 200-day moving average of $4.32.
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