Ashmore Group (AJMPF) Upgraded to Neutral at BNP Paribas
Ashmore Group (OTCMKTS:AJMPF) was upgraded by stock analysts at BNP Paribas from an “underperform” rating to a “neutral” rating in a research report issued on Friday.
Several other analysts also recently weighed in on AJMPF. Zacks Investment Research downgraded Ashmore Group from a “buy” rating to a “hold” rating in a research note on Thursday, May 25th. Berenberg Bank started coverage on Ashmore Group in a research note on Thursday, June 15th. They set a “buy” rating for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $5.00.
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 market capitalization of $3.24 billion and a PE ratio of 14.79. Ashmore Group has a 52 week low of $3.35 and a 52 week high of $4.87. The stock has a 50 day moving average of $4.67 and a 200 day moving average of $4.54.
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.
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