Liberum Capital Reaffirms Under Review Rating for Ashmore Group (ASHM)

Ashmore Group (LON:ASHM)‘s stock had its “under review” rating reiterated by stock analysts at Liberum Capital in a report issued on Thursday.

Other equities analysts have also issued research reports about the company. Peel Hunt reissued an “add” rating and set a GBX 400 ($5.61) price target on shares of Ashmore Group in a report on Friday, October 13th. Canaccord Genuity initiated coverage on Ashmore Group in a report on Friday, December 1st. They set a “buy” rating and a GBX 410 ($5.75) price target on the stock. Berenberg Bank raised their price target on Ashmore Group from GBX 380 ($5.33) to GBX 410 ($5.75) and gave the stock a “buy” rating in a report on Thursday, October 19th. Shore Capital reissued a “hold” rating on shares of Ashmore Group in a report on Tuesday, January 16th. Finally, Jefferies Group raised their price target on Ashmore Group from GBX 331 ($4.64) to GBX 370 ($5.19) and gave the stock a “hold” rating in a report on Wednesday, October 18th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company’s stock. Ashmore Group presently has an average rating of “Hold” and an average target price of GBX 387.63 ($5.44).

Ashmore Group (LON:ASHM) traded down GBX 36.20 ($0.51) on Thursday, hitting GBX 386.60 ($5.42). The stock had a trading volume of 5,752,627 shares, compared to its average volume of 1,490,000. Ashmore Group has a twelve month low of GBX 318.90 ($4.47) and a twelve month high of GBX 447.20 ($6.27). The firm has a market capitalization of $2,730.00 and a PE ratio of 1,840.95.

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About Ashmore Group

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 (LON:ASHM)

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