Liberum Capital announced Ashmore Group PLC (LON:ASHM), upholding its stock price target at 379.00GBX today
- Updated: October 14, 2016
In a report issued Friday October 14, 2016 Liberum Capital hold steady the target price of Ashmore Group PLC (LON:ASHM) from 379.00GBX to 379.00GBX indicating a possible upside of 0.04%.
Yesterday Ashmore Group PLC (LON:ASHM) traded 0.14% higher at 364.60GBX. The company’s 50-day moving average is 356.51GBX and its 200-day moving average is 320.02GBX. The last closing price is up 14.21% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 658,702 shares of the stock were exchanged, down from an average trading volume of 1,196,710
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Ashmore Group PLC has a 52 week low of 193.50GBX and a 52 week high of 378.50GBX with a P/E ratio of 20.19 The company’s market cap is currently 0 GBX.
Also covering Ashmore Group PLC's price target, a total of 16 brokerages have released a report on Ashmore Group PLC. The 12-month price target is 274.00GBX with one brokerage rating the company a strong buy, zero equity analysts rating the company a buy, nine equity analysts rating the company a hold, seven equity analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
More 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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