Ashmore Group plc 0% Potential Decrease Indicated by Citigroup

Broker Ratings
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Ashmore Group plc with EPIC/TICKER (LON:ASHM) had its stock rating noted as ‘Initiates/Starts’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Citigroup. Ashmore Group plc are listed in the Financials sector within UK Main Market. Citigroup have set a target price of 560 GBX on its stock. This would indicate that the analyst believes there is a downside of .0% from today’s opening price of 560 GBX. Over the last 30 and 90 trading days the company share price has increased 36.5 points and increased 95.8 points respectively. The 1 year high share price 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 510.26 GBX and a 200 Day Moving Average share price is recorded at 496.04. There are currently 712,740,804 shares in issue with the average daily volume traded being 1,329,607. Market capitalisation for LON:ASHM is £4,016,693,781 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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