Other equities research analysts have also recently issued reports about the stock. Goldman Sachs Group Inc. upgraded shares of Ashmore Group from a neutral rating to a buy rating in a report on Friday, July 15th. Citigroup Inc. restated a neutral rating on shares of Ashmore Group in a report on Wednesday, July 20th. Finally, Shore Capital restated a sell rating on shares of Ashmore Group in a report on Friday, July 15th. Three analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of Hold.
Ashmore Group (OTCMKTS:AJMPF) opened at 4.30 on Wednesday. The firm has a market capitalization of $2.86 billion and a P/E ratio of 18.70. Ashmore Group has a 52 week low of $2.75 and a 52 week high of $4.87. The firm has a 50-day moving average price of $4.61 and a 200-day moving average price of $4.33.
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