Numis Securities Ltd reaffirmed their hold rating on shares of Ashmore Group plc (LON:ASHM) in a research report sent to investors on Friday, July 14th. They currently have a GBX 320 ($4.22) target price on the investment management service provider’s stock.
ASHM has been the topic of several other research reports. Berenberg Bank assumed coverage on Ashmore Group plc in a report on Thursday, June 15th. They issued a buy rating and a GBX 400 ($5.28) target price on the stock. Jefferies Group LLC increased their target price on Ashmore Group plc from GBX 312 ($4.12) to GBX 325 ($4.29) and gave the company a hold rating in a report on Monday, April 10th. Goldman Sachs Group, Inc. (The) reissued a buy rating on shares of Ashmore Group plc in a report on Thursday, April 20th. Liberum Capital reissued a hold rating and issued a GBX 338 ($4.46) target price on shares of Ashmore Group plc in a report on Tuesday, April 18th. Finally, Peel Hunt reissued a hold rating and issued a GBX 330 ($4.35) target price on shares of Ashmore Group plc in a report on Tuesday, April 18th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. Ashmore Group plc has a consensus rating of Hold and an average target price of GBX 353.50 ($4.66).
Shares of Ashmore Group plc (LON ASHM) traded down 0.60% on Friday, reaching GBX 363.00. The company had a trading volume of 491,902 shares. The firm’s market capitalization is GBX 2.43 billion. The firm’s 50 day moving average is GBX 352.35 and its 200 day moving average is GBX 347.75. Ashmore Group plc has a 12 month low of GBX 269.00 and a 12 month high of GBX 379.70.
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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.
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