Ashmore Group PLC (LON:ASHM) has been reiterated to Reduce in a statement by Peel Hunt today.
- Updated: October 13, 2016
Peel Hunt has reiterated Ashmore Group PLC (LON:ASHM) to Reduce in a statement released on 10/14/2016.
Yesterday Ashmore Group PLC (LON:ASHM) traded -0.16% lower at 365.45GBX. ASHM’s 50-day average is 356.48GBX and its two hundred day average is 319.71GBX. With the last stock price close up 13.98% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 25,488 shares of ASHM changing hands under the typical 1,214,730
With a total market value of 0 GBX, Ashmore Group PLC has 52 week low of 193.50GBX and a 52 week high of 378.50GBX with a PE ratio of 20.13 .
A total of 16 brokerages have released a report on Ashmore Group PLC. One brokerage rating the company a strong buy, zero brokers rating the stock a buy, 9 brokers rating the stock a hold, 7 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a consensus target price of 274.00GBX.
Brief Synopsis About Ashmore Group PLC (LON:ASHM)
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. The external debt theme invests in debt instruments issued by sovereigns (governments) and quasi-sovereigns (government-sponsored). The local currency theme invests in local currency-denominated instruments issued by sovereign, quasi-sovereign and corporate issuers. The corporate debt theme invests in debt instruments issued by public and private sector companies. The Company's products are available in a range of fund structures, covering the liquidity spectrum from daily-dealing pooled funds through to multi-year locked-up partnerships.
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