Shore Capital reissued their hold rating on shares of Ashmore Group plc (LON:ASHM) in a report published on Tuesday, April 18th.
Several other analysts have also commented on ASHM. Peel Hunt reaffirmed a hold rating and set a GBX 330 ($4.26) target price on shares of Ashmore Group plc in a report on Tuesday, April 18th. Citigroup Inc reaffirmed a buy rating and set a GBX 370 ($4.78) target price on shares of Ashmore Group plc in a report on Tuesday, January 31st. BNP Paribas dropped their price objective on Ashmore Group plc from GBX 300 ($3.87) to GBX 270 ($3.49) and set an underperform rating on the stock in a report on Tuesday, January 10th. Jefferies Group LLC raised their price objective on Ashmore Group plc from GBX 312 ($4.03) to GBX 325 ($4.20) and gave the company a hold rating in a report on Monday, April 10th. Finally, Morgan Stanley dropped their price objective on Ashmore Group plc from GBX 400 ($5.16) to GBX 340 ($4.39) and set an equal weight rating on the stock in a report on Thursday, January 26th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of GBX 329 ($4.25).
Ashmore Group plc (LON:ASHM) traded up 0.56% during trading on Tuesday, reaching GBX 358.00. 1,129,453 shares of the company traded hands. The firm’s market capitalization is GBX 2.39 billion. The company’s 50-day moving average price is GBX 354.23 and its 200 day moving average price is GBX 326.31. Ashmore Group plc has a 52 week low of GBX 240.00 and a 52 week high of GBX 379.70. The business also recently announced a dividend, which was paid on Friday, April 7th. Investors of record on Thursday, March 9th were paid a dividend of GBX 4.55 ($0.06) per share. The ex-dividend date was Thursday, March 9th. This represents a yield of 1.36%.
In related news, insider Tom Shippey sold 9,079 shares of the business’s stock in a transaction on Tuesday, April 18th. The stock was sold at an average price of GBX 366 ($4.73), for a total transaction of £33,229.14 ($42,903.99). Ashmore Group plc Company Profile
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.