Shares of Ashmore Group (OTCMKTS:AJMPF) have been assigned a consensus recommendation of “Hold” from the six brokerages that are currently covering the firm, reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company.

A number of equities research analysts have commented on AJMPF shares. Zacks Investment Research cut Ashmore Group from a “buy” rating to a “hold” rating in a research note on Thursday, May 25th. Berenberg Bank assumed coverage on Ashmore Group in a research report on Thursday, June 15th. They set a “buy” rating on the stock. Finally, BNP Paribas raised Ashmore Group from an “underperform” rating to a “neutral” rating in a research report on Friday.

ILLEGAL ACTIVITY WARNING: This article was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another site, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this article can be viewed at

Ashmore Group (OTCMKTS:AJMPF) traded up 3.63% during midday trading on Friday, reaching $4.85. The company’s stock had a trading volume of 5,009 shares. The firm has a 50 day moving average of $4.67 and a 200 day moving average of $4.54. Ashmore Group has a 52-week low of $3.35 and a 52-week high of $4.87. The firm has a market cap of $3.24 billion and a P/E ratio of 14.79.

Ashmore Group Company Profile

Ashmore Group plc is a publicly owned investment manager. The firm primarily provides its services to retail and institutional clients. It manages separate client-focused equity and fixed income portfolios. The firm also launches and manages equity and fixed income mutual funds for its clients. It invests in the public equity and fixed income markets in emerging markets across the globe.

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