Ashmore Group plc (ASHM) PT Raised to GBX 325

Ashmore Group plc (LON:ASHM) had its price target raised by Credit Suisse Group from GBX 269 ($3.50) to GBX 325 ($4.23) in a research note released on Tuesday, July 18th. They currently have an underperform rating on the investment management service provider’s stock.

A number of other research analysts have also recently commented on the stock. Jefferies Group LLC increased their price target on shares of Ashmore Group plc from GBX 312 ($4.06) to GBX 325 ($4.23) and gave the company a hold rating in a research report on Monday, April 10th. Shore Capital reiterated a hold rating on shares of Ashmore Group plc in a research report on Tuesday, April 18th. Peel Hunt reiterated a hold rating and set a GBX 330 ($4.30) price target on shares of Ashmore Group plc in a research report on Tuesday, April 18th. Liberum Capital reiterated a hold rating and set a GBX 338 ($4.40) price target on shares of Ashmore Group plc in a research report on Tuesday, April 18th. Finally, Berenberg Bank assumed coverage on shares of Ashmore Group plc in a research report on Thursday, June 15th. They set a buy rating and a GBX 400 ($5.21) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have given a buy rating to the stock. Ashmore Group plc currently has a consensus rating of Hold and a consensus target price of GBX 353.50 ($4.61).

Shares of Ashmore Group plc (ASHM) opened at 355.60 on Tuesday. Ashmore Group plc has a one year low of GBX 269.00 and a one year high of GBX 379.70. The company’s market capitalization is GBX 2.38 billion. The company’s 50 day moving average is GBX 351.83 and its 200 day moving average is GBX 345.62.

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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.