Ashmore Group (AJMPF) Upgraded to “Hold” by Liberum Capital

Liberum Capital upgraded shares of Ashmore Group (OTC:AJMPF) from a sell rating to a hold rating in a research note published on Wednesday, reports.

A number of other analysts have also recently weighed in on the company. Citigroup Inc. cut Ashmore Group from a buy rating to a neutral rating in a research report on Wednesday, July 20th. Goldman Sachs Group Inc. upgraded Ashmore Group from a neutral rating to a buy rating in a research report on Friday, July 15th.

Shares of Ashmore Group (OTC:AJMPF) opened at 4.33 on Wednesday. Ashmore Group has a 52 week low of $2.75 and a 52 week high of $4.87. The firm has a market capitalization of $2.88 billion and a PE ratio of 18.83. The company has a 50-day moving average of $4.64 and a 200-day moving average of $4.32.

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