Ashmore Group (AJMPF) Upgraded by Zacks Investment Research to Hold

Ashmore Group (OTCMKTS:AJMPF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday, February 14th.

According to Zacks, “Ashmore Group plc is an emerging market investment manager. It invests in the public equity and fixed income markets. Ashmore Group plc is based in London, United Kingdom. “

Separately, JPMorgan Chase & Co. upgraded Ashmore Group from an “underweight” rating to a “neutral” rating in a research note on Wednesday, December 13th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. Ashmore Group presently has an average rating of “Hold” and a consensus price target of $5.00.

Ashmore Group (OTCMKTS AJMPF) traded down $0.03 during trading on Wednesday, reaching $5.63. The company’s stock had a trading volume of 8,481 shares, compared to its average volume of 6,909. Ashmore Group has a 1 year low of $4.25 and a 1 year high of $6.28.

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About Ashmore Group

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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