J P Morgan Chase & Co upgraded shares of Ashmore Group (OTCMKTS:AJMPF) from an underweight rating to a neutral rating in a report released on Wednesday morning, Marketbeat reports.

Other equities analysts have also recently issued reports about the stock. BNP Paribas raised shares of Ashmore Group from an underperform rating to a neutral rating in a report on Friday, September 8th. Zacks Investment Research raised shares of Ashmore Group from a sell rating to a hold rating in a report on Thursday, September 7th. Finally, Numis Securities cut shares of Ashmore Group from a hold rating to a reduce rating in a report on Monday, September 25th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average price target of $5.00.

Shares of Ashmore Group (OTCMKTS:AJMPF) opened at $5.24 on Wednesday. Ashmore Group has a 12-month low of $3.35 and a 12-month high of $5.29.

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Ashmore Group Company Profile

Ashmore Group plc is a publicly owned investment manager. The firm primarily provides its services to retail and institutional clients. It manages separate client-focused equity and fixed income portfolios. The firm also launches and manages equity and fixed income mutual funds for its clients. It invests in the public equity and fixed income markets in emerging markets across the globe.

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