Ashmore Group plc (LON:ASHM)‘s stock had its “hold” rating reiterated by research analysts at Peel Hunt in a report issued on Thursday.
ASHM has been the topic of several other research reports. Jefferies Group LLC boosted their price target on Ashmore Group plc from GBX 318 ($3.96) to GBX 351 ($4.37) and gave the stock a “hold” rating in a research report on Thursday, October 20th. BNP Paribas reissued an “underperform” rating and set a GBX 300 ($3.74) target price on shares of Ashmore Group plc in a report on Monday, October 17th. Goldman Sachs Group, Inc. (The) reissued a “buy” rating and set a GBX 400 ($4.98) target price on shares of Ashmore Group plc in a report on Tuesday, December 13th. Barclays PLC decreased their target price on Ashmore Group plc from GBX 325 ($4.05) to GBX 270 ($3.36) and set an “underweight” rating on the stock in a report on Monday, January 9th. Finally, Numis Securities Ltd raised Ashmore Group plc to a “hold” rating and decreased their target price for the stock from GBX 315 ($3.92) to GBX 285 ($3.55) in a report on Wednesday, November 23rd. Five research analysts have rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 315.60 ($3.93).
Ashmore Group plc (LON:ASHM) opened at 349.1157 on Thursday. The firm’s market capitalization is GBX 2.33 billion. Ashmore Group plc has a 1-year low of GBX 201.50 and a 1-year high of GBX 378.50. The firm’s 50-day moving average price is GBX 298.95 and its 200 day moving average price is GBX 326.14.
The company also recently announced a dividend, which will be paid on Friday, April 7th. Shareholders of record on Thursday, March 9th will be issued a GBX 4.55 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, March 9th. This represents a yield of 1.36%.
COPYRIGHT VIOLATION NOTICE: This news story was originally reported by sleekmoney and is the property of of sleekmoney. If you are accessing this news story on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The correct version of this news story can be read at http://sleekmoney.com/ashmore-group-plc-ashm-stock-rating-reaffirmed-by-peel-hunt/1657201.html.
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.
This story was originally published by sleekmoney (http://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at http://sleekmoney.com/ashmore-group-plc-ashm-stock-rating-reaffirmed-by-peel-hunt/1657201.html
Receive News & Ratings for Ashmore Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ashmore Group plc and related companies with MarketBeat.com's FREE daily email newsletter.