Other equities analysts also recently issued research reports about the stock. Liberum Capital raised shares of Ashmore Group from a sell rating to a hold rating in a report on Wednesday. Shore Capital reissued a sell rating on shares of Ashmore Group in a report on Friday, July 15th. Goldman Sachs Group Inc. raised shares of Ashmore Group from a neutral rating to a buy rating in a report on Friday, July 15th. Finally, Citigroup Inc. reissued a neutral rating on shares of Ashmore Group in a report on Wednesday, July 20th. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The stock currently has an average rating of Hold.
Shares of Ashmore Group (OTCMKTS:AJMPF) remained flat at $4.33 during midday trading on Friday. The stock’s 50-day moving average price is $4.62 and its 200-day moving average price is $4.32. Ashmore Group has a 52-week low of $2.75 and a 52-week high of $4.87. The firm has a market cap of $2.88 billion and a PE ratio of 18.83.
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