Ashmore Group PLC (LON:ASHM) has been upgraded to Hold in a statement by Liberum Capital earlier today.
- Updated: October 11, 2016
Only yesterday Ashmore Group PLC (LON:ASHM) traded 0.05% higher at 368.40GBX. Ashmore Group PLC’s 50-day average is 355.89GBX and its two hundred day average is 318.41GBX. The last stock close price is up 15.51% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time. 299,778 shares of Ashmore Group PLC traded hands, down from an average trading volume of 1,249,580
Liberum Capital has upgraded Ashmore Group PLC (LON:ASHM) to Hold in a report released on Wednesday October 12, 2016.
On 10/11/2016, Exane BNP Paribas released a statement for Ashmore Group PLC (LON:ASHM) increased the target price from 260.00GBX to 290.00GBX. At the time, this indicated a possible downside of -0.21%.
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Ashmore Group PLC has PE ratio of 20.32 with a 52 week low of 193.50GBX and a 52 week high of 378.50GBX and has a market cap of 0 GBX.
Also covering Ashmore Group PLC's price target, a total of 16 analysts have issued a research note on the company. The average stock price target is 274.00GBX with 1 firm rating the stock a strong buy, zero analysts rating the company a buy, nine equity analysts rating the company a hold, seven analysts rating the company a underperform, and lastly 0 brokers rating the stock a sell.
Brief Synopsis On 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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