Ashmore Group plc (ASHM) Earns Hold Rating from Shore Capital

Shore Capital reiterated their hold rating on shares of Ashmore Group plc (LON:ASHM) in a report published on Tuesday.

Other analysts also recently issued research reports about the stock. Peel Hunt reissued an add rating and set a GBX 400 ($5.19) price objective on shares of Ashmore Group plc in a report on Friday, July 14th. Berenberg Bank started coverage on shares of Ashmore Group plc in a report on Thursday, June 15th. They set a buy rating and a GBX 400 ($5.19) price objective on the stock. Goldman Sachs Group, Inc. (The) reissued a buy rating and set a GBX 415 ($5.39) price objective on shares of Ashmore Group plc in a report on Tuesday, May 30th. Barclays PLC raised shares of Ashmore Group plc to an equal weight rating and boosted their price objective for the stock from GBX 300 ($3.89) to GBX 370 ($4.80) in a report on Thursday, July 20th. Finally, Numis Securities Ltd reissued a hold rating and set a GBX 320 ($4.15) price objective on shares of Ashmore Group plc in a report on Friday, July 14th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 353.50 ($4.59).

Ashmore Group plc (LON ASHM) opened at 354.80 on Tuesday. The stock’s market capitalization is GBX 2.37 billion. Ashmore Group plc has a 52 week low of GBX 269.00 and a 52 week high of GBX 379.70. The company has a 50-day moving average of GBX 353.63 and a 200-day moving average of GBX 352.20.

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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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