Ashmore Group plc (LON:ASHM) was upgraded by equities research analysts at Barclays PLC to an “equal weight” rating in a research note issued on Thursday, MarketBeat reports. The brokerage presently has a GBX 370 ($4.83) price target on the investment management service provider’s stock, up from their previous price target of GBX 300 ($3.92). Barclays PLC’s price target would indicate a potential upside of 2.41% from the stock’s previous close.

ASHM has been the subject of several other research reports. Berenberg Bank began coverage on Ashmore Group plc in a research report on Thursday, June 15th. They set a “buy” rating and a GBX 400 ($5.22) price target for the company. Jefferies Group LLC raised their price target on Ashmore Group plc from GBX 312 ($4.07) to GBX 325 ($4.24) and gave the stock a “hold” rating in a research report on Monday, April 10th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating on shares of Ashmore Group plc in a research report on Thursday, April 20th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 338 ($4.41) price objective on shares of Ashmore Group plc in a research report on Tuesday, April 18th. Finally, Peel Hunt reaffirmed a “hold” rating and issued a GBX 330 ($4.31) price objective on shares of Ashmore Group plc in a research report on Tuesday, April 18th. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of GBX 353.50 ($4.62).

Shares of Ashmore Group plc (LON ASHM) traded down 0.25% during trading on Thursday, hitting GBX 361.30. The stock had a trading volume of 932,941 shares. Ashmore Group plc has a 12-month low of GBX 269.00 and a 12-month high of GBX 379.70. The company’s market cap is GBX 2.56 billion. The stock’s 50 day moving average is GBX 351.16 and its 200-day moving average is GBX 343.12.

TRADEMARK VIOLATION WARNING: This piece was first posted by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of international trademark and copyright laws. The correct version of this piece can be viewed at

Ashmore Group plc Company Profile

Ashmore Group plc is a United Kingdom-based company, which operates as a specialist emerging markets asset manager. The Company offers a range of investment themes, such as external debt, local currency, corporate debt, blended debt, equities, alternatives, multi-strategy and overlay/liquidity. Its geographical segments include United Kingdom, United States and Others.

Analyst Recommendations for Ashmore Group plc (LON:ASHM)

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.