Templeton Emerging Markets Investment Trust’s (TEM) Buy Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reaffirmed their buy rating on shares of Templeton Emerging Markets Investment Trust (LON:TEM) in a research note published on Tuesday morning, Marketbeat.com reports.

Templeton Emerging Markets Investment Trust Stock Performance

Shares of TEM stock opened at GBX 308 on Tuesday. The company has a market cap of £2.60 billion, a P/E ratio of 3.97 and a beta of 0.99. The firm has a fifty day moving average price of GBX 322.76 and a 200 day moving average price of GBX 299.34. The company has a current ratio of 0.80, a quick ratio of 3.25 and a debt-to-equity ratio of 4.38. Templeton Emerging Markets Investment Trust has a 12 month low of GBX 224.19 and a 12 month high of GBX 352.

Insider Activity

In other Templeton Emerging Markets Investment Trust news, insider Sarika Patel acquired 4,445 shares of the stock in a transaction dated Monday, September 14th. The stock was acquired at an average cost of GBX 323 per share, with a total value of £14,357.35. Corporate insiders own 0.05% of the company’s stock.

Templeton Emerging Markets Investment Trust Company Profile

TEMIT is the UK’s original and largest emerging market investment trust delivering returns for shareholders since 1989. It offers shareholders access to a balanced and diversified portfolio of emerging markets companies with the aim of delivering capital growth over the long term. Shares are also quoted on New Zealand Stock Exchanges.