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Ashmore Group PLC Grants Restricted Share Awards to Director

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Ashmore Group PLC Grants Restricted Share Awards to Director

Meet Your ETF AI Analyst

An update from Ashmore Group PLC ( (GB:ASHM) ) is now available.

Ashmore Group PLC announced a transaction involving the grant of restricted share awards to Tom Shippey, a director, under the company’s Executive Omnibus Incentive Plan 2015. This transaction, involving 794,173 ordinary shares at a price of £1.6366 each, reflects the company’s ongoing efforts to incentivize and retain key management personnel, potentially impacting its operational efficiency and stakeholder confidence.

The most recent analyst rating on (GB:ASHM) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Ashmore Group PLC stock, see the GB:ASHM Stock Forecast page.

Spark’s Take on GB:ASHM Stock

According to Spark, TipRanks’ AI Analyst, GB:ASHM is a Outperform.

Ashmore Group PLC’s robust technical indicators and positive corporate events drive a strong overall stock score. While financial performance shows profitability and stability, the decline in revenue and cash flow remains a concern. Valuation metrics suggest fair pricing with a high dividend yield, making the stock attractive for income-seeking investors.

To see Spark’s full report on GB:ASHM stock, click here.

More about Ashmore Group PLC

Ashmore Group PLC is a specialist asset manager primarily focused on emerging markets. The company offers a range of investment strategies including external debt, local currency, corporate debt, blended debt, equities, and alternatives.

Average Trading Volume: 838,561

Technical Sentiment Signal: Hold

Current Market Cap: £1.09B

Find detailed analytics on ASHM stock on TipRanks’ Stock Analysis page.

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