Zacks Investment Research upgraded shares of Ashmore Group (OTCMKTS:AJMPF) from a hold rating to a buy rating in a research note published on Thursday morning. Zacks Investment Research currently has $6.00 price objective on the financial services provider’s stock.
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. raised shares of Ashmore Group from an underweight rating to a neutral rating in a research note on Wednesday, December 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. Ashmore Group presently has an average rating of Hold and an average price target of $6.00.
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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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