Ashmore Group plc (ASHM) Receives Average Rating of “Hold” from Analysts

Shares of Ashmore Group plc (LON:ASHM) have received an average recommendation of “Hold” from the fifteen analysts that are currently covering the stock. Four investment analysts have rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating on the company. The average twelve-month target price among analysts that have covered the stock in the last year is GBX 319.31 ($4.02).

Several research firms have recently weighed in on ASHM. Goldman Sachs Group Inc reissued a “buy” rating on shares of Ashmore Group plc in a research note on Thursday. JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 320 ($4.03) price target on shares of Ashmore Group plc in a research note on Wednesday. Liberum Capital reissued a “hold” rating and issued a GBX 338 ($4.25) price target on shares of Ashmore Group plc in a research note on Tuesday. Shore Capital reissued a “hold” rating on shares of Ashmore Group plc in a research note on Tuesday. Finally, Peel Hunt reissued a “hold” rating and issued a GBX 330 ($4.15) price target on shares of Ashmore Group plc in a research note on Tuesday.

Ashmore Group plc (LON:ASHM) opened at 347.00 on Thursday. The stock’s market cap is GBX 2.32 billion. The stock’s 50 day moving average price is GBX 355.63 and its 200-day moving average price is GBX 327.75. Ashmore Group plc has a 12 month low of GBX 240.00 and a 12 month high of GBX 379.70.

The firm also recently disclosed a dividend, which was paid on Friday, April 7th. Shareholders of record on Thursday, March 9th were given a dividend of GBX 4.55 ($0.06) per share. This represents a yield of 1.36%. The ex-dividend date of this dividend was Thursday, March 9th.

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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.