Ashmore Group plc (LON:ASHM)‘s stock had its “sell” rating restated by research analysts at Shore Capital in a research note issued to investors on Friday.

Other equities research analysts have also issued reports about the company. Numis Securities Ltd reissued a “sell” rating and issued a GBX 285 ($3.53) price target on shares of Ashmore Group plc in a research report on Friday. Peel Hunt reissued a “reduce” rating on shares of Ashmore Group plc in a research report on Friday. Liberum Capital raised Ashmore Group plc to a “hold” rating and increased their price target for the company from GBX 240 ($2.97) to GBX 379 ($4.69) in a research report on Wednesday. Credit Suisse Group AG reissued an “underperform” rating and issued a GBX 305 ($3.77) price target on shares of Ashmore Group plc in a research report on Tuesday, July 12th. Finally, JPMorgan Chase & Co. increased their price target on Ashmore Group plc from GBX 220 ($2.72) to GBX 250 ($3.09) and gave the company an “underweight” rating in a research report on Friday, July 15th. Seven investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 311.93 ($3.86).

Analyst Recommendations for Ashmore Group plc (LON:ASHM)

Ashmore Group plc (LON:ASHM) opened at 365.90 on Friday. The company’s market capitalization is GBX 2.44 billion. The firm’s 50-day moving average is GBX 356.48 and its 200-day moving average is GBX 319.71. Ashmore Group plc has a 52-week low of GBX 193.50 and a 52-week high of GBX 378.50.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

The firm also recently declared a dividend, which will be paid on Friday, December 2nd. Shareholders of record on Thursday, November 3rd will be issued a GBX 12.10 ($0.15) dividend. The ex-dividend date is Thursday, November 3rd. This represents a dividend yield of 3.38%. This is a boost from Ashmore Group plc’s previous dividend of $4.55.

In other Ashmore Group plc news, insider Shippey,Tom sold 215,780 shares of the firm’s stock in a transaction dated Monday, September 19th. The stock was sold at an average price of GBX 341 ($4.22), for a total value of £735,809.80 ($910,655.69).

Ashmore Group plc Company Profile

Ashmore Group plc is a United Kingdom-based company, which operates as a markets asset manager. The Company invests client funds in a range of investment themes, such as external debt, local currency, corporate debt, blended debt, equities, alternatives, multi-strategy and overlay/liquidity. It offers a range of investment opportunities in over 70 countries.

Receive News & Ratings for Ashmore Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashmore Group plc and related companies with's FREE daily email newsletter.