Ashmore Group (ASHM) Given Under Review Rating at Liberum Capital
Ashmore Group (LON:ASHM)‘s stock had its “under review” rating restated by investment analysts at Liberum Capital in a research report issued on Thursday.
A number of other equities research analysts also recently issued reports on ASHM. Shore Capital reissued a “hold” rating on shares of Ashmore Group in a research report on Thursday. Citigroup reissued a “neutral” rating and set a GBX 370 ($5.19) price target on shares of Ashmore Group in a research report on Wednesday, October 18th. Macquarie reissued a “neutral” rating and set a GBX 384 ($5.38) price target on shares of Ashmore Group in a research report on Wednesday, October 18th. Credit Suisse Group increased their price target on Ashmore Group from GBX 325 ($4.56) to GBX 400 ($5.61) and gave the stock an “underperform” rating in a research report on Wednesday, January 31st. Finally, Jefferies Group increased their price target on Ashmore Group from GBX 331 ($4.64) to GBX 370 ($5.19) and gave the stock a “hold” rating in a research report on Wednesday, October 18th. Three investment analysts have rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 387.63 ($5.44).
Ashmore Group (LON:ASHM) opened at GBX 386.60 ($5.42) on Thursday. Ashmore Group has a 12-month low of GBX 318.90 ($4.47) and a 12-month high of GBX 447.20 ($6.27). The company has a market capitalization of $2,730.00 and a P/E ratio of 1,840.95.
COPYRIGHT VIOLATION WARNING: This piece was originally posted by Daily Political and is the sole property of of Daily Political. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at https://www.dailypolitical.com/2018/02/10/ashmore-group-ashm-given-under-review-rating-at-liberum-capital.html.
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.
Receive News & Ratings for Ashmore Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashmore Group and related companies with MarketBeat.com's FREE daily email newsletter.