Ashmore Group plc 0.8% Potential Decrease Indicated by Goldman Sachs

Broker Ratings
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Ashmore Group plc with EPIC/TICKER (LON:ASHM) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Goldman Sachs. Ashmore Group plc are listed in the Financials sector within UK Main Market. Goldman Sachs have set their target price at 560 GBX on its stock. This now indicates the analyst believes there is a potential downside of -.8% from today’s opening price of 564.5 GBX. Over the last 30 and 90 trading days the company share price has increased 43.5 points and increased 87.1 points respectively. The 52 week high for the stock is 570.5 GBX while the 52 week low for the stock is 382.4 GBX.

Ashmore Group plc has a 50 day moving average of 508.85 GBX and the 200 Day Moving Average price is recorded at 495.66. There are currently 712,740,804 shares in issue with the average daily volume traded being 1,343,989. Market capitalisation for LON:ASHM is £3,998,475,910 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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