BNP Paribas upgraded shares of ASHMORE GROUP (OTC:AJMPF) from an underperform rating to a neutral rating in a research report sent to investors on Friday, September 8th, StockTargetPrices.com reports.
Separately, Berenberg Bank assumed coverage on shares of ASHMORE GROUP in a research report on Thursday, June 15th. They issued a buy rating for the company.
ASHMORE GROUP (OTC:AJMPF) remained flat at $4.51 on Friday. The stock’s 50-day moving average price is $4.68 and its 200 day moving average price is $4.55. The stock has a market capitalization of $3.02 billion and a PE ratio of 14.74. ASHMORE GROUP has a 1-year low of $3.35 and a 1-year high of $4.87.
ASHMORE GROUP Company Profile
Ashmore Group plc is a publicly owned investment manager. The firm primarily provides its services to retail and institutional clients. It manages separate client-focused equity and fixed income portfolios. The firm also launches and manages equity and fixed income mutual funds for its clients. It invests in the public equity and fixed income markets in emerging markets across the globe.
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