FY2018 Earnings Estimate for Ashmore Group (AJMPF) Issued By Jefferies Group
Ashmore Group (OTC:AJMPF) – Equities researchers at Jefferies Group increased their FY2018 earnings per share estimates for shares of Ashmore Group in a research report issued on Wednesday. Jefferies Group analyst P. Dobbin now anticipates that the company will post earnings per share of $0.26 for the year, up from their prior estimate of $0.23. Jefferies Group also issued estimates for Ashmore Group’s FY2019 earnings at $0.29 EPS.
Separately, BNP Paribas upgraded Ashmore Group from an “underperform” rating to a “neutral” rating in a research report on Friday, September 8th.
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Shares of Ashmore Group (AJMPF) remained flat at $4.93 during midday trading on Friday. The company has a market capitalization of $3.30 billion and a price-to-earnings ratio of 15.75. The company has a 50 day moving average of $4.67 and a 200 day moving average of $4.60. Ashmore Group has a 52 week low of $3.35 and a 52 week high of $5.13.
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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