Ashmore Group (LON:ASHM)‘s stock had its “sector performer” rating reaffirmed by analysts at RBC Capital in a research report issued to clients and investors on Tuesday, American Banking News reports.
A number of other firms have also recently commented on ASHM. Analysts at BNP Paribas reiterated a “neutral” rating on shares of Ashmore Group (LON:ASHM) in a research note to investors on Wednesday, August 14th. They now have a GBX 380 ($5.89) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated an “add” rating on shares of Ashmore Group (LON:ASHM) in a research note to investors on Monday, August 12th. They now have a GBX 405 ($6.28) price target on the stock. Finally, analysts at Barclays Capital reiterated an “equal weight” rating on shares of Ashmore Group (LON:ASHM) in a research note to investors on Friday, July 26th. They now have a GBX 410 ($6.35) price target on the stock.
One research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of GBX 399.70 ($6.19).
Shares of Ashmore Group (LON:ASHM) opened at 347.80 on Tuesday. Ashmore Group has a one year low of GBX 319.30 and a one year high of GBX 436.00. The stock’s 50-day moving average is GBX 359.3 and its 200-day moving average is GBX 370.5. The company’s market cap is £2.350 billion.
Ashmore Group plc (LON:ASHM) is engaged in providing investment management services.
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