Ashmore Group (LON: ASHM) received a number of ratings updates from brokerages and research firms in the last week:
- Ashmore Group had its “buy” rating reaffirmed by analysts at Societe Generale. They now have a $6.52 (430 GBX) price target on the stock.
- Ashmore Group had its price target raised by analysts at JPMorgan Chase from $5.51 (363 GBX) to $6.30 (415 GBX). They now have a “neutral” rating on the stock.
- Ashmore Group was upgraded by analysts at Citigroup to a “neutral” rating. They now have a $5.41 (357 GBX) price target on the stock, up previously from $5.03 (332 GBX).
- Ashmore Group had its price target raised by analysts at Espirito Santo Investment Bank Research from $5.50 (363 GBX) to $5.56 (367 GBX). They now have a “neutral” rating on the stock.
- Ashmore Group had its price target lowered by analysts at RBC Capital from $6.12 (404 GBX) to $6.04 (399 GBX). They now have an “outperform” rating on the stock.
Shares of Ashmore Group traded down 0.06% during mid-day trading on Thursday, hitting GBX 358.30. Ashmore Group has a one year low of GBX 300.30 and a one year high of GBX 396.90. The stock’s 50-day moving average is currently GBX 338.9. The company’s market cap is £2.421 billion.
Ashmore Group plc (Ashmore) is engaged in providing investment management services. The Company is a fund manager across six core investment themes, such as external debt, local currency, corporate debt, blended debt, equities, multi-strategy, alternatives and overlay/liquidity.