Peel Hunt reiterated Ashmore Group PLC (LON:ASHM) to Hold in a statement released earlier today.
- Updated: February 12, 2017
Yesterday Ashmore Group PLC (LON:ASHM) traded 4.48% higher at 333.95GBX. The company’s 50-day moving average is 298.95GBX and its 200-day moving average is 326.14GBX. The last stock close price is up 7.04% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 4,104,584 shares of the stock were exchanged, up from an average trading volume of 1,753,820
Peel Hunt has reiterated Ashmore Group PLC (LON:ASHM) to Hold in a statement released on 02/09/2017.
On 2/2/2017, HSBC released a statement about Ashmore Group PLC (LON:ASHM) upped the target price from 0.00GBX to 285.00GBX that suggested a downside of -0.09%.
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Ashmore Group PLC has a 52 week low of 201.50GBX and a 52 week high of 378.50GBX with a P/E ratio of 13.69 The company’s market cap is currently 0 GBX.
In addition to Peel Hunt reporting its target price, a total of 16 firms have issued a report on the stock. The consensus target price is 274.00GBX with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 9 firms rating the stock a hold, 7 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
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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