What exactly did Morgan Stanley do on February 18, 2026 for AJMPF analyst rating?

On February 18, 2026 Morgan Stanley maintained an Underweight on AJMPF and raised its price target to 208 GBp from 195 GBp. The firm kept the negative relative stance while updating valuation assumptions.

Does the AJMPF price target change mean an upgrade or downgrade?

No. The price target rose to 208 GBp, but the AJMPF analyst rating was maintained at Underweight. That means valuation improved, but the analyst still expects relative underperformance.

How should investors use this AJMPF analyst rating in portfolio decisions?

Treat the maintained Underweight as a caution signal and the higher target as a valuation datapoint. Compare yield, fundamentals, and risk exposure before changing allocations. Use analyst views alongside your research.

Where can I read the Morgan Stanley note referenced for the AJMPF analyst rating?

The update is summarized by TheFly. See the coverage at [TheFly](https://thefly.com/permalinks/entry.php/id4295353/4963286394/AJMPF-Ashmore-Group-price-target-raised-by--GBp-at-Morgan-Stanley) for the price target and timing details.

Analyst Ratings

Morgan Stanley Maintains Underweight on Ashmore Group PLC (AJMPF) Feb 18 2026

ByDanny Kontos February 19, 2026February 19, 2026

AJMPF analyst rating: Morgan Stanley maintained an Underweight on Ashmore Group PLC on February 18, 2026. Morgan Stanley also raised its price target to 208 GBp from 195 GBp while keeping the Underweight call. This note arrived at 11:59 AM on February 18, 2026 and shows a cautious stance paired with a modest valuation lift. Investors should weigh the maintained negative bias against the improved target. Meyka AI rates AJMPF with a grade of B.