Ashmore Group plc (LON:ASHM) had its price target increased by Jefferies Group LLC from GBX 325 ($4.29) to GBX 354 ($4.67) in a research report released on Tuesday, July 11th, Marketbeat reports. They currently have a hold rating on the investment management service provider’s stock.

Several other equities research analysts also recently weighed in on the stock. Goldman Sachs Group Inc reissued a buy rating and issued a GBX 415 ($5.47) target price on shares of Ashmore Group plc in a research note on Wednesday, March 29th. BNP Paribas reissued an underperform rating and issued a GBX 290 ($3.83) target price on shares of Ashmore Group plc in a research note on Monday, March 27th. Peel Hunt reissued a hold rating and issued a GBX 330 ($4.35) target price on shares of Ashmore Group plc in a research note on Tuesday, April 18th. Shore Capital reissued a hold rating on shares of Ashmore Group plc in a research note on Tuesday, April 18th. Finally, J P Morgan Chase & Co reissued an underweight rating and issued a GBX 320 ($4.22) target price on shares of Ashmore Group plc in a research note on Wednesday, April 19th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of GBX 353.50 ($4.66).

Shares of Ashmore Group plc (LON:ASHM) traded down 0.60% during mid-day trading on Tuesday, hitting GBX 363.00. 491,902 shares of the company traded hands. The stock’s market capitalization is GBX 2.43 billion. Ashmore Group plc has a 1-year low of GBX 269.00 and a 1-year high of GBX 379.70. The firm’s 50 day moving average price is GBX 352.35 and its 200-day moving average price is GBX 347.75.

WARNING: “Ashmore Group plc (LON:ASHM) PT Raised to GBX 354” was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another publication, it was stolen and republished in violation of United States and international trademark and copyright legislation. The correct version of this news story can be viewed at https://www.thecerbatgem.com/2017/08/07/ashmore-group-plc-lonashm-price-target-raised-to-gbx-354-at-jefferies-group-llc-updated-updated-updated.html.

About Ashmore Group plc

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 plc (LON:ASHM)

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