Ashmore Group plc 1.7% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Ashmore Group plc using EPIC/TICKER code (LON:ASHM) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Ashmore Group plc are listed in the Financials sector within UK Main Market. JP Morgan Cazenove have set a target price of 370 GBX on its stock. This would imply the analyst believes there is now a potential upside of 1.7% from the opening price of 363.8 GBX. Over the last 30 and 90 trading days the company share price has increased 1.2 points and increased 5.8 points respectively. The 1 year high stock price is 447.2 GBX while the 52 week low for the stock is 334.6 GBX.

Ashmore Group plc has a 50 day moving average of 368.20 GBX and a 200 day moving average of 371.77. There are currently 712,740,804 shares in issue with the average daily volume traded being 997,577. Market capitalisation for LON:ASHM is £2,602,929,503 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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