Ashmore Group plc 0.7% Potential Decrease Indicated by UBS

Broker Ratings
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Ashmore Group plc with EPIC/TICKER (LON:ASHM) has had its stock rating noted as ‘Unchanged’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at UBS. Ashmore Group plc are listed in the Financials sector within UK Main Market. UBS have set a target price of 505 GBX on its stock. This now indicates the analyst believes there is a potential downside of -.7% from the opening price of 508.5 GBX. Over the last 30 and 90 trading days the company share price has increased 43.7 points and increased 78.1 points respectively. The 52 week high for the share price is currently at 509 GBX while the 52 week low is 334.6 GBX.

Ashmore Group plc has a 50 day moving average of 477.88 GBX and a 200 day moving average of 411.53. There are currently 712,740,804 shares in issue with the average daily volume traded being 1,095,425. Market capitalisation for LON:ASHM is £3,617,159,580 GBP.

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    Ashmore Group plc reports a $2.4 billion decrease in assets under management for the quarter ended 30 June 2024, driven by net outflows and investment performance.
    Ashmore Group plc (LON:ASHM) announces assets under management update for the quarter ended 31 March 2024, showing a decrease of US$2.1 billion.

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