Ashmore Group plc (LON:ASHM) PT Raised to GBX 354
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.
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.
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.