Ashmore Group plc (ASHM) Stock Rating Reaffirmed by Shore Capital
Ashmore Group plc (LON:ASHM)‘s stock had its “hold” rating restated by Shore Capital in a report issued on Tuesday.
A number of other equities research analysts also recently issued reports on ASHM. Peel Hunt reiterated a “hold” rating and set a GBX 330 ($4.28) price target on shares of Ashmore Group plc in a research report on Tuesday, April 18th. Liberum Capital restated a “hold” rating and set a GBX 338 ($4.39) price objective on shares of Ashmore Group plc in a research report on Tuesday, April 18th. J P Morgan Chase & Co restated an “underweight” rating and set a GBX 320 ($4.15) price objective on shares of Ashmore Group plc in a research report on Wednesday, April 19th. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Ashmore Group plc in a research report on Thursday, April 20th. Finally, Macquarie restated a “neutral” rating and set a GBX 344 ($4.47) price objective on shares of Ashmore Group plc in a research report on Tuesday, May 2nd. Three investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of GBX 353.50 ($4.59).
Shares of Ashmore Group plc (ASHM) traded down 0.67% during trading on Tuesday, hitting GBX 355.40. The company’s stock had a trading volume of 196,328 shares. Ashmore Group plc has a one year low of GBX 269.00 and a one year high of GBX 379.70. The company has a 50-day moving average price of GBX 353.60 and a 200-day moving average price of GBX 351.45. The stock’s market cap is GBX 2.38 billion.
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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.
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