Ashmore Group plc (LON:ASHM) Receives “Hold” Rating from Shore Capital

Ashmore Group plc (LON:ASHM)‘s stock had its “hold” rating reiterated by stock analysts at Shore Capital in a research note issued on Friday, July 14th.

ASHM has been the topic of a number of other research reports. Liberum Capital dropped their price objective on shares of Ashmore Group plc from GBX 338 ($4.40) to GBX 333 ($4.34) and set a “hold” rating on the stock in a report on Friday, July 7th. Macquarie reiterated a “neutral” rating and issued a GBX 344 ($4.48) target price on shares of Ashmore Group plc in a research report on Tuesday, May 2nd. Peel Hunt reiterated an “add” rating and issued a GBX 400 ($5.21) target price on shares of Ashmore Group plc in a research report on Friday, July 14th. BNP Paribas reiterated an “underperform” rating and issued a GBX 290 ($3.78) target price on shares of Ashmore Group plc in a research report on Monday, March 27th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a GBX 415 ($5.40) target price on shares of Ashmore Group plc in a research report on Wednesday, March 29th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 353.50 ($4.60).

Shares of Ashmore Group plc (LON ASHM) traded down 1.12% on Friday, hitting GBX 354.00. The company’s stock had a trading volume of 591,283 shares. The firm’s market cap is GBX 2.37 billion. Ashmore Group plc has a one year low of GBX 269.00 and a one year high of GBX 379.70. The stock has a 50-day moving average price of GBX 353.61 and a 200 day moving average price of GBX 350.65.

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Ashmore Group plc Company Profile

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)

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